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13 acres spreading across the Denny Triangle region, have all been taken off the market due to a credit market that has just been getting worse and worse. 

“Large real estate deals are not being financed right now,” Said Alfred Clise the Properties Chief Executive on Thursday, according to an article in the Seattle Times.

Clise plans to put this large swatch of property back on the market once credit conditions improve.  This will only delay, not destroy their plans, it seems.  The Clise family’s dream is to sell the property in one block (they’re determined to not give it up in bits and pieces) and this large chunk should go to a buyer with their similar vision of using this space for something as grand and comparable to New York’s Rockefeller Center.

Because Clise is looking for a developer with a dream of such large proportions, the family has already refused several offers, (these have reached upwards of $6 mil) in their stubborn adherence to the grand-scale dream.

 So for now, it’s not for sale…  And Seattle awaits the time when Clise’s dream will be born.

 Read the Times article here.

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