Gemini Rosemont Recaps 480 KSF Seattle-Area Office Campus

Jan 16, 2020 - Commercial Property Executive
Mergers and Acquisitions

Gemini Rosemont Commercial Real Estate has completed the recapitalization of One Twelfth @ Twelfth in downtown Bellevue, Wash., four years after acquiring the approximately 480,000-square-foot office campus. The office investment company brought in an affiliate of Beacon Capital Partners as a partner at the Class A property, creating a new ownership structure in a transaction valued at $240 million, according to King County records.

Designed by the architectural firm now known as MG2, One ...