Gemini Rosemont Grabs Suburban Seattle Office Park

The three-building, 480,400-square-foot campus last traded in 2004 for $134 million.

One Twelfth at Twelfth WestOne Twelfth at Twelfth West

Bellevue, Wash.—Gemini Rosemont LLC of Santa Fe, N.M., has purchased One Twelfth @ Twelfth, a three-building, 480,400-square-foot Class A office campus in the Seattle suburb of Bellevue, Wash., the buyer announced Tuesday. Gemini Rosemont bought the campus in partnership with Gemini Investments, an investment company listed on the Hong Kong Stock Exchange.

Gemini Rosemont disclosed neither the price nor the seller, but data gathered by Yardi Matrix indicates that Principal Global Investors of Des Moines was the previous owner. According to the data provider, Hines Interests, the park’s developer, sold the campus to Principal Global in June 2004 in a portfolio transaction for $134.1 million…

Gemini Rosemont Grabs Suburban Seattle Office Park

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