The 41-story office building (901 5th Ave) and 5th & Madison Condominiums were purchase by Kennedy Wilson Inc today for $300M.
Everyone seems to be covering the story but the Puget Sound Business Journal and Commercial Property News reported that the price includes the completion of 5th & Madison (126-unit condominium project, $660,000 average sales price, occupancy fall 2007) and the $35M redevelopment of the office building (LEED Silver status, new lobby, common areas etc) that is already in progress.
They also mentioned that 84 condominiums have been sold in 5th and Madison and 59% of 901 5th Ave is currently leased.