City of Auburn buys space in building near City Hall
sierraconst2016-01-20T19:39:29-08:00Part of a new office building in downtown Auburn sold last week for nearly $24.5 million, public records show. The city of Auburn bought 61 percent of the 88,000-square-foot One Main Street Professional Plaza, which was developed by JLO Washington Enterprises. The price works out to $454 per square foot, a staggering sum given the struggling economy and the weak market in South King County. According to CB Richard Ellis' first quarter report, the south county vacancy rate is 22 [...]