Business

Fisher Plaza Up for Sale

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credit: Dan Callister/Newsmakers/Getty Images

credit: Dan Callister/Newsmakers/Getty Images

Fisher Plaza is officially for sale and was recently appraised at $142 million, according to a report by Globest.com, ending six-months of rumors that Fisher Communications has been looking to sell it’s headquarter building.

In March, the broadcast company hired Moelis & Co. as a financial adviser to find out how much the plaza might fetch.

Fisher Plaza is the 293,727-square-foot headquarters of Fisher Communications, which owns KOMO TV and other online, TV and radio properties. Fisher Plaza also houses a data center that has served clients such as Bing Travel, Redfin and other local companies.

Fisher is putting its  HQ complex up for sale  during a time when shareholders — unhappy with their investment returns – have been trying to take control of the publicly traded company, according to Techflash.com.

 

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