News
NEW STADIUM: PUZZLE COMPLETE
April 12, 2012
| Small building, big deal: When we met Quantum Group's Sonny Kwan at the Bisnow's Future of Downtown event in February, he hinted to us that he had a few big things in the works. |
 |
| This week, we learned about one of them: he brokered the sale of 1534 1st Ave South to Chris Hansen's group, WSA Properties II, recorded yesterday afternoon. This was one of the parcels Chris needed to build an NBA/NHL stadium just behind Safeco Field's parking garage. He's already accummulated what he needs but may continue buying land in the area anyway. |
 |
| Here's Sonny, who with partner Patrick Ross repped the seller,restaurant supply magnate John Kazdal (the brains behind South Lake Union's delicious Blue Moon Burgers); he purchased 1534 back in '94. At $4.25M, Chris paid four times more for the 0.41-acre parcel than John paid 18 years ago. |
