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Originally published Friday, January 10, 2014 at 4:10 PM

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Pioneer Building sold to Canadian group

Pioneer Building, one of Seattle’s historic buildings in Pioneer Square, has been sold to a Canadian investment company.


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One of Seattle’s historic buildings in Pioneer Square has been sold to a Canadian investment company.

Vancouver-based Sun Capital Corp. bought the Pioneer Building at First Avenue and James Street for $12.3 million, or about $171 a square foot, King County records showed Friday.

Completed in 1892, the six-story red brick building with stone and terra cotta trim has more than 100 tenants, including attorneys, psychiatrists and Bill Speidel’s Underground Tour, said listing broker Vince Schwab, of Marcus & Millichap’s San Francisco office.

The sellers were Richard and Dorothy Sikora of Seattle, records show.



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