Issaquah to Acquire 21,311 SQFT Ednetics Building for $12.98MM as New City Hall

Issaquah to Acquire 21,311 SQFT Ednetics Building for $12.98MM as New City Hall

The $609-per-square-foot off-market deal comes in well below comparable sales as the city pivots away from new construction estimated at up to $57.75MM. The City of Issaquah is poised to purchase the 21,311-square-foot office building at 1055 NW Maple Street for $12,975,000, redirecting years of public safety and civic facilities planning away from ground-up construction and toward a faster, cheaper adaptive reuse strategy. The City Council is s…