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Seattle Office Project Lands Financing Despite Downturn in Demand

Seattle Office Project Lands Financing Despite Downturn in Demand

A rendering shows the planned 35 Stone project from Seattle developer evolution Projects, which recently closed financing. (JLL)
A rendering shows the planned 35 Stone project from Seattle developer evolution Projects, which recently closed financing. (JLL)

A new construction office project has secured financing in a hip Seattle neighborhood despite signs of lagging demand in the region’s office sector, signaling that at least some office prospects remain attractive to investors in the area.

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