Seattle's venerable Smith Tower sold for $47 million.

Three interesting factoids below the fold in this article, two historical: Smith Tower was built by "typewriter and gun tycoon Lyman Cornelius Smith, of Smith Corona and Smith & Wesson." It was built with fireproofing in mind (20 years after the Great Seattle Fire), so everything, even the doors, are steel. (Smith Tower History.)

The third interesting factoid, which I didn't know: Microsoft will be setting up offices in Smith Tower this June, their first presence in downtown Seattle. Amazon.com is the only major tech employer I know with offices in downtown Seattle today, so this could be a big deal for tech workers who value the downtown location.