An investment group led by David Zarett paid $3.58 million for a second half-block property overlooking the north end of Lake Union.
The investment group bought the 0.47-acre site at 3301 Burke Ave. N. from Restaurants Unlimited founder Richard Komen and his family. The property includes the 8,051-square-foot Restaurants Unlimited office building.
Northlake LLC acquired the adjacent 0.31-acre parcel at 3301 Wallingford Ave. N. for $850,000 back in 1998. Six years later, Zarett filed for permits to construct a mixed-use residential office building on the site but never moved forward on the project.
By JEANNE LANG JONES – Staff Writer