Actor Patrick Dempsey says he beat out Starbucks in Tully’s bid

SEATTLE — “Grey’s Anatomy” star Patrick Dempsey may be the real “McSteamy.”

The actor, who was dubbed “McDreamy” by fans of the hospital drama while his co-star affectionately has been called “McSteamy,” won a bankruptcy auction to buy Tully’s Coffee, a small coffee chain based in Seattle.

Among those Dempsey beat out is Tully’s much bigger Seattle neighbor, Starbucks Corp., which wanted to convert the cafes to its own brand.

Dempsey, whose company Global Baristas LLC plans to keep the Tully’s name, declared victory on the social media site Twitter with the message: “We met the green monster, looked her in the eye, and…SHE BLINKED! We got it! Thank you Seattle!

But Starbucks says not so fast. The chain, which has 18,000 cafes worldwide, said in a statement that a final determination on the winning bid won’t be made until a court hearing Jan. 11. Starbucks said it’s in a “back-up” position” to buy 25 of the 47 Tully’s cafes, with another undisclosed bidder making an offer for the remainder.

The combined bids of Starbucks and the undisclosed bidder come to $10.6 million, above the $9.2 million Dempsey is offering to pay through his company.

Tully’s Coffee, which has more than 500 employees and locations in Washington and California, filed for Chapter 11 bankruptcy protection in October, citing lease obligations and underperforming stores. TC Global Inc., its parent company, said in a release Friday that it was “encouraged and excited” about Dempsey’s commitment to the chain.

“I’m thrilled that we won and I’m even more excited about saving Tully’s Coffee and its hundreds of jobs,” Dempsey said. Seattle has a special place in Dempsey’s career — “Grey’s Anatomy” took place in a fictional hospital in the city.

Also in the running to buy Tully’s was Baristas Coffee, which operates a chain of drive-thru espresso stands featuring female employees in skimpy outfits.

More in Herald Business Journal

Camano artist mixes flask, paintings for successful cocktail

Art flasks prove popular as bachelorette gifts, birthday presents and wedding favors.

Small retailers aim for emotional ties big chains may lack

“Put yourself into the community more and the money will come back to you.”

A look at what some stores have planned for Black Friday

With unemployment low, stores are hoping customers are in a mood to shop.

Boeing bolsters team for potential 797 with leading engineer

Terry Beezhold has been chief project engineer for the 777X program.

Uber paid off their hackers — they’re far from the only ones

“More and more companies have their own Bitcoin wallets for such cases.”

Airline defendants to pay $95 million in 9/11 settlement

The litigation claimed that security lapses led the planes to be hijacked in the Sept. 11 attacks.

Trump SoHo to shed ‘Trump’ amid reports of sagging business

The president’s company said it would have no comment beyond its news release announcing the move.

Uber reveals cover-up of hack affecting 57M riders, drivers

Uber acknowledges paying the hackers $100,000 to destroy the stolen information a year ago.

Mountlake Terrace-based 1st Security Bank wasn’t traded publicly during the recession, but it has seen a steady growth since the recession. (Jim Davis / HBJ)
How stocks in local banks fared since the recession

Every bank was hit hard during the recession, but most have bounced back in a big way.

Most Read