Dexter Horton Building
The Dexter Horton Building (710 2nd Avenue) is a 15-story office building in Seattle, Washington, United States. It is located at the intersection of 2nd Avenue and Cherry Street in Downtown Seattle and was the headquarters of the Seattle First National Bank (Seafirst) until it built a new building, now known as Safeco Plaza, in 1969. The building was opened in 1924 and designed by John Graham. It underwent seismic renovations in 2002 and was sold to Gerding Edlen in 2013 for $76.6 million. The building was later sold in 2015 to a subsidiary of Great Eagle Holdings for $124.4 million. CIM Group purchased the building for $151 million in 2019; it was the third time the Dexter Horton Building had been sold in a five-year period. On June 11, 2024 the building was sold again at a steep discount to King County as CIM went into default.
Pegasus Coffee opened in the building as the first specialty coffee bar in downtown Seattle in 1983.
References
- ^ Stein, Alan J. (May 31, 1999). "Seattle First National Bank building is dedicated on March 28, 1969". HistoryLink. Retrieved December 28, 2022.
- ^ "Dexter Horton price up $50M since 2013". Seattle Daily Journal of Commerce. November 10, 2015. Retrieved December 28, 2022.
- ^ Stiles, Marc (January 11, 2019). "Dexter Horton Building trades again, this time for $151 million". Puget Sound Business Journal. Retrieved December 28, 2022.
- ^ Stiles, Marc (June 11, 2024). "King County buys Seattle's landmark Dexter Horton Building at steep discount". Puget Sound Business Journal. Retrieved June 11, 2024.
- ^ "Hey Dude's: Donuts now a part of Pegasus". Bainbridge Island Review. 2022-01-19. Retrieved 2022-12-29.
External links
Media related to Dexter Horton Building at Wikimedia Commons