CBRE, Inc., as exclusive advisor to the seller, is pleased to be bringing to market the rare opportunity to acquire the J&M Building, a boutique hotel redevelopment opportunity in the heart of Seattle’s Pioneer Square district, suitable for office, hotel or residential concepts. Conveniently located adjacent to the CBD and Seattle’s Stadium district, the J&M Building is within walking distance of the city’s largest employers, numerous amenities and the downtown waterfront. The Property offers nearly 11,060 square feet of vacant second and third floor space, 6,660 sq. ft. of ground floor retail currently leased to J&M Café and Mediterranean Mix, and an additional vacant 7,730 sq. ft. basement. At approximately 25,450 total rentable sq. ft., the building presents an exceptional opportunity to contribute to Pioneer Square’s unique history, while capitalizing on the neighborhood’s tourist attractions, numerous amenities and wide access to public transit.
The Owner is offering the Property to qualified potential purchasers on a fee-simple basis and will consider a variety of offers and approaches in the disposition of this site. Investors and developers interested in the site are encouraged to discuss and pursue concepts that best fit their criteria. While it is anticipated that a call for offers date will be established, the Owner reserves the right to review and consider individual offers on the Property as received.
