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Paseo Has a New Owner—Let Your Theories Fly

The name and assets were sold at auction. But not the recipes.

Allecia Vermillion
Author: Allecia Vermillion
Less than 1 min.read

The bearer of bad news.

The tale of Paseo’s surprise shuttering gained another twist on Friday. The Puget Sound Business Journal is reporting the restaurant’s name and all its equipment were sold at an auction for $91,000.

Not included: the recipes. The buyer’s name won’t be released until the sale is final, though it certainly sounds more likely than the short-lived “save Paseo” Kickstarter.

According to the PSBJ, bankruptcy trustees wanted to move swiftly to capitalize on the public interest in Paseo’s closure and potential resurrection: “A judge granted a small auction that was held in the courtroom hallway in the interest of time.”

This is starting to sound more like an episode of the Good Wife than a tale that results in the reinstatement of one of Seattle’s favorite sandwiches. Still, I’m awfully curious to learn the identity of its new owner.

 




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Allecia Vermillion
Allecia Vermillion
Allecia Vermillion has spent a decade at Seattle Met, arriving as food and drink editor, and expanding her role over the years. She served as the magazine’s editor in chief until moving into a newly created executive editor role in 2021. She spearheads Seattle Met’s food and drink coverage and oversees home design content. Allecia’s writing has earned her multiple journalism awards and two James Beard Award nominations over the years. A native of Portland, Oregon, Allecia began her writing life as a newspaper reporter in the Chicago suburbs before making a grateful return to the Pacific Northwest. She has an English degree from Washington University (no, the one in St. Louis) and a masters in journalism from Northwestern University. She lives in Seattle with her husband and two children.