Wallace Properties Sells Washington Federal Savings Building for $3.5 Million
May 29, 2008
REDMOND, WA - Wallace Properties, Inc. has announced the sale of the Washington Federal Savings Building, located at 16200 Redmond Way in Redmond, WA, for $3.5 million to Columbia Bank. Ellen Post and Bob Wallace with Wallace Properties represented the seller, Washington Federal Bank; Rick Sanders with Orion Real Estate Advisors represented the buyer.
Built in 1952, the freestanding building encompasses 5,360 square feet, a drive-through lane and on-site parking, and it sits on approximately 0.4 acres of land in the heart of Redmond’s central business district.
About Wallace Properties, Inc.
Serving Western Washington since 1977, Wallace Properties, Inc. offers a complete spectrum of real estate services, providing commercial leasing and sales, property management, and real estate acquisition, syndication, and development services all under one roof.
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