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Boston Properties Pays $730 Million for Seattle Offices in One of Year's Biggest West Coast Deals

Price Said To Be Highest Paid for Multitenant Office Property in US This Year
Boston Properties Inc. acquired Madison Centre, a 37-story downtown Seattle office tower, from Schnitzer West and Barings for $730 million. (CoStar)
Boston Properties Inc. acquired Madison Centre, a 37-story downtown Seattle office tower, from Schnitzer West and Barings for $730 million. (CoStar)

Boston Properties cast a vote of confidence in the West Coast office market with its purchase of a roughly 760,000-square-foot tower in downtown Seattle, paying what appears to be the second-highest price for an office building in the U.S. this year and the highest for the region of the country.

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