Structure Type: built works - commercial buildings - office buildings; built works - commercial buildings - stores

Designers: Graham, John and Company, Architects and Engineers (firm); John Graham Sr. (architect/engineer)

Dates: constructed 1922-1923

15 stories, total floor area: 331,003 sq. ft.

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710 2nd Avenue
Seattle, WA 98104-1742

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Northeast corner of Second Avenue and Cherry Street;

Dexter Horton's daughter, Caroline, erected this large office building with her cousin, Charles. They named it in honor of Dexter Horton (1825-1904), who established a reputation as a fair and honest businessman in early Seattle, WA, and began the city's first bank in 1870. The 1923 building was built on property owned by her father, where his New York Building (1892) had stood. The Horton Family commissioned the Seattle architecture firm of John Graham and Company to design this modern and prestigious office block; in the 1920s-1930s, it was one of the most prestigious business addresses in Downtown Seattle. Graham liked his results so much that he moved his offices there in 10/1923; for an architect, moving into a successful building of one's own design was the best form of advertising. Chicago-based LaSalle Investment Management purchased the Dexter Horton Building for Napi REIT Incorporated, a subsidiary of the insurance company, Prudential UK, for $81 million in 2006. It was again for sale in 02/2013. The Portland, OR, investment firm, Gerding Edlen, purchased the building in early 03/2013, for $76.6 million, $231 per square foot. At this time, the Dexter Horton Block was over 90% occupied. According to report in the Puget Sound Business Journal, Gerding Edlen, which focused on renovation of historic properties, sought to update the building to attract new tenants: "The goal of the project is to make the building attractive to creative companies that are driving the commercial real estate market in Seattle." (See Marc Stiles, "Gerding Edlen enters Seattle office market with acquisition of Dexter Horton Building,"Accessed 04/05/2013.)

The Dexter Horton Building was long considered one of the best, most prestigious office buildings in Seattle's central business district. Light wells break the office block in three places, allowing daylight and natural ventilation to reach most offices. At one time, an A and P Supermarket operated in the Dexter Horton Building, one of the few such businesses operating in Downtown Seattle, WA, during the 20th century. It closed at this location c. 1973.

The Dexter Horton Block had $34 million worth of renovation work done from 2000-2006.

Seattle Historic Landmark: ID n/a

PCAD id: 5343