Palisade Group Buys Offices at Riverpark (107,029 SF) in Seattle

SaleOfficeEastside (Bellevue / Kirkland / Bothell / Sammamish)

Announced Oct 14, 2026 · Source: The Registry Pacific Northwest

Source: The Registry Pacific NorthwestRead the full report at The Registry Pacific Northwest ↗

Deal details

Buyer
Palisade Group and Olive Point joint venture
Seller
KBS
Price
$27.5MM
Size
107,029 SF
Price per SF
$257 per SF (our calculation)
Asset class
Office
Transaction
Sale
Sub-market
Eastside (Bellevue / Kirkland / Bothell / Sammamish)
Metro
Seattle
Announced date
Oct 14, 2026

Summary

KBS sold the 107,029-square-foot Offices at Riverpark in downtown Redmond to a joint venture of Palisade Group and Olive Point for $27.5MM. Newmark brokered the sale and arranged the financing.

Summarized from the article; the quoted lines below are from the article itself.

Source: The Registry Pacific Northwest

Read the full report at The Registry Pacific Northwest. What the article says:

  • Deal / Size / Buyer
    KBS sells the 107,029-square-foot Offices at Riverpark in downtown Redmond to a Palisade Group and Olive Point joint venture; Newmark brokered and arranged financing.
  • Deal / Price
    KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture for $27.5MM

Article date: 2026-10-16T15:45:23+00:00

Frequently asked questions

Who bought Offices at Riverpark?
Palisade Group bought Offices at Riverpark in Eastside, Seattle, according to The Registry Pacific Northwest.
How much did Offices at Riverpark sell for?
The reported price is $27.5MM ($257 per SF, our calculation), per The Registry Pacific Northwest.
Who sold Offices at Riverpark?
The seller was KBS, per The Registry Pacific Northwest.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.