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Parcel in Seattle’s International District Sells for Mixed-Use Development 

Marcus & Millichap has arranged the sale of International District Mixed Use Site, a 20,160-square feet land parcel in Seattle. The asset sold for $8,000,000. 

Leroy Lutu, an investment specialist in Marcus & Millichap’s Seattle office, marketed the property on behalf of the seller, a limited liability company.  The buyer, a developer, was secured and represented by Lutu.   

International District Mixed Use Site is located at 815 S Weller St in Seattle’s International District, one of eight historic districts recognized by the City of Seattle.  The property was sold for land value.  The price per square foot on the land was $396.  The buyer plans to develop the property into a mixed-use multifamily or hotel development. 


Inside The Story

Marcus & Millichap's Lutu

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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