USA TODAY NETWORK
As 2020 comes to an end, newsrooms nationwide are taking stock of the moments that shaped their communities. Among them are the coronavirus pandemic which continues to ravage our nation, a presidential election that has widened a chasm among our citizens, social isolation, lost jobs and and a hurting population.
Newsrooms across Florida chronicled these moments, highlighting the myriad ways the events of 2020 affected their communities, as well as the strength, compassion and resiliency that also emerged. These local journalists shined a light for their communities by being their watchdog and holding those in power accountable.
Local journalism relies on support from our readers. Your subscriptions help make strong investigative journalism and storytelling possible. Please consider signing up for a subscription to a Florida newsroom close to you.
Photo by Skanska USA
[enlarge]
Not a part of the deal was the Diller Hotel building, in the foreground, which is still owned by the Diller family.
Skanska USA s fully leased 2+U office building, at 1201 Second Ave., has sold for $704 million. Skanska announced the sale Monday, after King County recorded the transaction.
The new owner of record is HS 2U Owner LLC. Skanska retains a 5% stake in the project; the rest is now owned by related South Korean companies Hana Alternative Asset Management and Hana Financial Group. Skanska values that latter stake at $669 million.
Public records indicate a $457.6 million loan to the new ownership from JPMorgan Chase. Before construction, which began in early 2017, Samis had granted Skanska a 99-year ground lease for the nearly full block; terms for that are unknown.
SKANSKA BARGE BREAKS LOOSE wcoapensacola.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wcoapensacola.com Daily Mail and Mail on Sunday newspapers.
Share this article
OSTERSUND, Sweden, Dec. 22, 2020 /PRNewswire/
Skanska divests a 95 percent interest in the 2+U office property in Seattle, Washington, USA, for approximately USD 669M, about SEK 5.5 billion, to South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group. The transaction will be recorded by Skanska USA Commercial Development in the fourth quarter 2020. Hana will immediately begin operations of the 2+U development.
2+U is a comprised of 65,000-square meter (approximately 703,000 RSF) office tower in Seattle s Central Business District and a 2,200 square-meter open-air community hub on the ground floor, known as the Urban Village, with local retail and cultural space. Office tenants include Qualtrics, Indeed.com, Dropbox Inc. and Spaces.
MONDAY MORNING NEWS HEADLINES — Cooper Davis – NewsRadio1620 newsradio1620.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsradio1620.com Daily Mail and Mail on Sunday newspapers.