The sale of the Shops at the Bravern is nearing completion, according to a report from Dubai-based Zawya Dow Jones.
Representatives from the Bahrain-based Investcorp told Zawya Dow Jones Monday that a sale may be closed in a matter of days.
“We are close to finalizing the sale; we are close to exiting it within a week,” Investcorp’s Managing Director Harsh Shethia.
Investcorp has been a partner with Seattle developer Schnitzer West in owning and operating the Bravern since 2007. Investcorp holds the majority stake in the 1.6 million-square foot complex at $800 million, according to the Zawya report.
A potential buyer for the site has not been released.
The two office towers in the Bravern were sold in 2010, to an Iowa-based firm for $410 million.
