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May 15, 2025

With new owner, new hope for Selig’s waterfront site?

  • 400 Westlake and Federal Reserve Building also go to lender
  • The doomed buildings at 800 Alaskan, the once-promised replacement and, looming above, the Selig-developed Columbia Center, still the city’s tallest building.




    The slow, sad unwinding continues for the Martin Selig Real Estate empire, with different loan-backed office and parking portfolios now controlled by two main lenders. New property managers including Colliers and Kidder Mathews have been tasked with leasing the mostly older Class B office buildings.

     
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