Seattle · Commercial sale
Fred Hutchinson Cancer Center buys 32275 32nd Ave S in Federal Way for $18 million
An office building at 32275 32nd Ave S, Federal Way sold for $18,000,000 on September 18, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $18,000,000
- Sold
- September 18, 2026
- Property type
- Office building
- Lot size
- 448,232 sq ft
An office building at 32275 32nd Ave S in Federal Way sold for $18,000,000 on September 18, 2026, according to the King County Department of Assessments' sales records. The sale price falls just below the market value of $18,661,000 listed on the Assessor's records.
Fred Hutchinson Cancer Center purchased the property from Arc TRESWA001 LLC. The Assessor's records show the lot spans 10.29 acres.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $509,075 for the state real estate excise tax (graduated) and $90,000 for the local real estate excise tax (0.50%). The seller's estimated net is $17,248,794 before brokerage commissions and any loan payoff. A cash buyer would need about $17,885,163 at closing.
Source: King County Department of Assessments, real property sales, document 3395847. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
