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Seattle Times on the Olive 8 Auction

By September 19, 2010

Olive 8

The Seattle Times was at the Olive 8 auction today, Bidders snag big deals at Olive 8 condo auction.

I’ve been meaning to dig into county records to see how many units have sold but now don’t have to:

Before Sunday, Olive 8 closed deals for 74 of its 227 units, mostly on the building’s lower portion between floors 18 and 26.

The 32 units auctioned off Sunday represent nearly all of the unsold inventory on that lower portion, so “we’ll no longer have prospective buyers going through those floors,” Thyer said last week.

Olive 8 still has a little more than 100 unsold units on the top floors, with price tags from $500,000 to $6.9 million.

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