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Owners, Josef Diamond and Jerry Alhadeff sold the Terminal Sales Annex Building 09/28/1999 to Diamond and William M. Weisfeld for an undisclosed sum; Diamond, the owner of Diamond Parking, was one of the largest landowners in Downtown Seattle; the Alhadeffs also owned a great deal of property around the city; on 04/23/2007, Weisfeld exchanged the building to the 1927 and 1935 2nd Avenue LLC, a subsidiary of the Justen Company of Seattle, WA, and Columbia West Properties of Bellevue, WA for an undislosed amount; later in 2008, the Justen Company and Columbia West Properties proposed the construction of a 38-story condominium and hotel project for this property. This condo/hotel was stalled due to the proposal to erect a 400-foot apartment building next door at 1915 2nd Avenue; City of Seattle zoning regulations required an 80-foot separation between two towers in this portion of Downtown, and it was unclear in 07/2008 whether two large buildings could be built side-by-side without violating this law.

Parcel #1977200926; the lot covered 4,860 square feet (0.11 acres). The reinforced-concrete, four-story office building contained 24,300 gross square feet.

PCAD id: 12326