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Fisher Finalizes Sale of Seattle Headquarters

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.

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