Zara founder, Amazon spend big on Seattle housing – Robert Khodadadian

, Zara founder, Amazon spend big on Seattle housing – Robert Khodadadian, Robert Khodadadian

A couple of heavy hitters made significant, though disparate, investments in Seattle-area real estate last week. First, Pontegadea, the realty group owned by the founder of the fast fashion chain Zara, Amancio Ortega, bought the Kiara skyscraper at 111 Terry Avenue North in Seattle for $323 million, Bloomberg reported. It’s the second foray in the luxury multifamily market for Ortega’s family office, which in June purchased 19 Dutch Street, a 64-story tower in New York,

 A couple of heavy hitters made significant, though disparate, investments in Seattle-area real estate last week. First, Pontegadea, the realty group owned by the founder of the fast fashion chain Zara, Amancio Ortega, bought the Kiara skyscraper at 111 Terry Avenue North in Seattle for $323 million, Bloomberg reported. It’s the second foray in the luxury multifamily market for Ortega’s family office, which in June purchased 19 Dutch Street, a 64-story tower in New York,
The post Zara founder, Amazon spend big on Seattle housing appeared first on New York.  Home Page, Residential Real Estate, Affordable Housing, Amancio Ortega, amazon, Seattle, skyscrapers The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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