Fisher Communications has completed the sale of Fisher Plaza, the Seattle building that serves as the company’s headquarters and houses ABC-affiliate KOMO.
Fisher will remain the building’s largest tenant under the new owners, Hines Global REIT, Inc., who purchased the building for $160 million in cash. The $160 million figure is 30% more than the building was valued at a year ago.
Fisher has been considering a sale of Fisher Plaza, which was built in 2001 and has served as the exterior for the hospital on “Grey’s Anatomy,” since 2008. Negotiations began ramping up in March and a deal with Hines Global REIT was struck last month.
Fisher now has a 12-year lease in the building.