Commercial Real Estate

Is the Downtown Bellevue Office Market Slowing?

City Center Plaza in Downtown Bellevue has begun to sneak up upon completion. This half million square foot building according to the Puget Sound Business Journal in a recent write up, has only El Gaucho as a signed retail tenant. Other buildings in the area such as, Tower 333 and […]

18 Cranes Up in Bellevue

The City of Bellevue’s Website just recently posted a listing of all 18 cranes (as of March 10th) and their locations within Bellevue. The majority of these cranes are due to the construction growth in Downtown Bellevue. Projects with cranes: Bravern – 4, Advanta – 3, Bellevue Towers – 2, […]

Marriott Breaks Ground in Downtown Bellevue; Again

More construction activity has commenced! The most recent block in Downtown Bellevue that has broken ground, is the South East quadrant of the intersection at 110th Avenue and NE 3rd Place. Nike Atlanta Falcons Washed of the City T-Shirt – Red, wholesale jerseys from china, Cheap washington redskins jerseys,Preschool Denver […]

The Village Bellevue – Rentable Office Suites

Su Development’s Elements Too project, which is currently under construction and slated for completion in Fall of ’08, has just signed it’s first retail tenant. The apartment complex, which has 48,000 square feet of commercial retail space, has committed The Village Bellevue to 14,000 square feet. The Village Bellevue will […]

Top Office Vacancies in Downtown Bellevue

Downtown Bellevue consists of 48 commercial office buildings totaling over 6.1 million square feet. The current vacancy rate in the submarket is 5.44% on a direct basis, nearly 5 percentage points below what is considered to be a “healthy” market. With so little vacancy there are very few large blocks […]

New Office Building in the Works on 108th Ave

Seattle Times article on Thursday reported on a 15-story office tower on 108th Ave that began construction after long delays this week. Bentall Capital U.S. has been planning since 2005 to begin construction on this project, and it is now finally underway. This new office building will allow for 15-stories […]

Avalon Meydenbauer – Retail Details

Safeway will be the main anchor of the retail space at Avalon Meydenbauer with 55,000 sq. ft. and will be accompanied by many other complimenting retail stores. Tenants already expected to occupy the north end of the building include: Subway, Cefiore Frozen Yogurt, Happy Nails & Spa, and The Vitamin […]

Outlook for Downtown Bellevue Remains Strong

By now I am sure all of you are aware of the nationwide credit crisis, the failing housing market, and some of you have maybe even suffered from the volatile stock market. These are just a few factors that are contributing to the nation’s recession fears. These economic drivers seem […]

Two Office Buildings Sold in Downtown Bellevue

Investment sales in the commercial real estate market continue to be bullish in Downtown Bellevue as the Washington Mutual Plaza and the Key Bank building have both sold this month. Washington Mutual Plaza located at 118 106th Ave NE was built in 1995. The 96,691 square feet of office and […]