Exit133.com: Bank of California Building Sold

Bank of California Building Sold ( 9. July 2007, 12:36 by Derek Young) ~ Do We Dream? A Bit of Hope...

The word on the street is that the Wilkeson sandstone clad beautifully columned circa 1928 Bank of California building on the 1000 block of Pacific has been sold for $2.3 million. A few little birds mentioned it last year when a couple of firms were doing feasibility studies and estimates in the space. Yet, each time, it came back on the market.

The deal apparently closed on Friday, July 6th. We’re still waiting to hear who the new happy owners may be…

If you have any details, send them our way. We’re very curious.

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What an incredible building with unlimited potential and in relatively good shape.

Talk about a big open space. They don’t build lobbies like that anymore. The Bank has been closed so long it almost disappeared.

Perhaps the new owners will put the scale back near the entrance again.

1 | Posted by Erik B. | Jul 9, 02:05 PM

Interesting…
Does anyone know what is going on with the old Tacoma Art Museum building? I know it was being restored and their was that great article in the TNT about what they had uncovered under the false ceilings, etc. from when it was a bank. But now there are signs all over the building saying its available. Was the project abandoned?

2 | Posted by Sarah | Jul 9, 02:13 PM

But now there are signs all over the building saying its available. Was the project abandoned?

The good news is that the first floor appears to be completely restored at great expense. It looks pretty nice. However, I have not see anyone move into it yet.

3 | Posted by Erik B. | Jul 9, 02:53 PM

I walked by the Bank building today after a stop at the Pita Pit and thought to myself what a stately columned building it was. Is it outfitted in such a way (big lobby, vault) that only a bank would tenant it?

4 | Posted by Droid16 | Jul 9, 03:03 PM

Here’s a little history…Samuel Morley Jackson was president at this bank from the 1920’s until his death in 1947…Jackson Hall, across from TG, which opened the same year, is named for him in honor of his committment to the hospital after serving on the board for many years.

5 | Posted by Todd K. | Jul 9, 04:31 PM

I’m betting it’ll be converted into some posh spa and fitness center, a la Equinox Fitness here in San Francisco, which took over the old Pacific Coast Stock Exchange Building. Either that, or it’ll become some Roaring ’20s-themed gentlemen’s club.

6 | Posted by pungentsmells | Jul 9, 04:41 PM

Think: Metropolitan Grill in Seattle.

Or The Vault fitness club, also in Seattle.

Both former banks.

7 | Posted by tom waits | Jul 9, 05:04 PM

Erik B – Did you peek in the windows? I thought I saw the lights on the other night in there but didnt sneak a peek.

8 | Posted by Sarah | Jul 9, 05:08 PM

Erik B – Did you peek in the windows? I thought I saw the lights on the other night in there but didnt sneak a peek.

I have seen a few people in there from time to time. The upper floor has its lights turned on occassionally.

Sold in 2003 for $1,800,000. The building has 30,368 sq ft. That could add some activity to downtown if it is put to use. Perhaps even help the Rust Building to attract a ground floor tenant.