Bothell’s Biotech Real Estate Market Stays Hot with Big Sale

Partners Rialto Capital of Miami and SteelWave LLC have bought Bothell-based Highlands Campus Tech Centre, home to Seagen, a leading biotech company that reported a 140% increase in year-over-year revenue.

The campus, which is selling at 59% more than previously sold, is further evidence of the appetite for biotech commercial space, especially in the Bothell region. Bothell is home to more than 30 biotech companies and offers a lower cost of living than Seattle.