Deutsche Bank took a $425 million loan to refinance the 1.7 million-square-foot Seattle building housing the headquarters of coffee seller Starbucks in a former industrial neighborhood once poised for rapid development. It marks a bet on the return of an area hit by both social unrest and the pandemic.
Landlord Refinances Starbucks Headquarters in Developing Seattle Area
Deutsche Bank to Lend Nitze-Stagen Affiliate $425 Million Backed in Part by Coffee Seller’s SoDo Offices
By Mark Heschmeyer, Clare Kennedy
CoStar News
December 17, 2020 | 12:21 AM
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IN THIS ARTICLE
- Properties
- Starbucks Center
2401 Utah Ave, Seattle, WA
- Home Depot
2701 Utah Ave, Seattle, WA
- A
1001 6th Ave, Seattle, WA