Kidder Mathews was selected to broker the sale of MidTown Center, a 2.44 acre site located in Seattle’s Central District submarket. This project is a full city block development site situated on a prime north-south, east-west arterial. The existing buildings were constructed years ago and occupied by predominantly low-credit tenancy, requiring intensive property management and daily oversight. The MidTown Center development site is strategically located between the Seattle Central Business District, Lake Union, Capitol Hill, the Capitol Hill Light Rail Station, and the University District, a culturally rich community neighborhood. The Kidder Mathews team competed for this opportunity to list the assets for sale and was ultimately selected to showcase this unique opportunity to the international marketplace.
The MidTown Development site was assembled over 70 years by a tightly held family investment company. This family, our client, carefully fostered this asset with intentions to develop diverse businesses and ultimately upon sale, leave the community in a better position.