Green Touch Builders | Old Federal Reserve branch building in Seattle sells for $16 million
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February 7, 2015 By SEO Admin

Old Federal Reserve branch building in Seattle sells for $16 million

After two months and two days, the auction of the Federal Reserve Bank’s former Seattle branch ended at 1:50 p.m. Saturday with a high bid of $16 million.

The winning bidder was not immediately revealed, but it was not Seattle Public Schools, district officials said. The district planned to turn the building into an elementary. School officials said they will provide additional comments Monday.

It could be up to two months before the winning bidder of the historic property at 1011 Second Ave. is…