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Largest Office On Mercer Island Sells To Minneapolis Developer

Building Has Been Vacant Since Longtime Tenant Decamped to Bellevue
The Farmers Insurance building on Mercer Island sits south of Interstate 90, connecting neighborhoods below downtown Seattle in the west and Bellevue in the east. (CoStar)
The Farmers Insurance building on Mercer Island sits south of Interstate 90, connecting neighborhoods below downtown Seattle in the west and Bellevue in the east. (CoStar)
By Clare Kennedy
CoStar News
April 18, 2020 | 3:53 P.M.

Minneapolis-based Ryan Cos. has paid just under $46.5 million for an office property on Mercer Island near Seattle that was long occupied by Farmers Insurance, but has sat vacant and dormant for the last several years.

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