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 retail space sold for $41.1 million.

Key Bank located at 10655 on NE 4th Street was built in 1971 and consists of 96,009 square feet of office space.

In addition, Dex once rumored to be relocating to City Center Plaza announced that the company will be renewing its existing lease at Sunset Corporate Campus along the I-90 corridor. Also, ING (former Sharebuilder) has also been rumored to be relocating to City Center Plaza. Now the company appears to be contemplating a move to Seattle rather than Downtown Bellevue. City Center Plaza which is currently under construction is scheduled to be completed during the second quarter of this year and is currently the only building in the Bellevue CBD under construction with available office space.

Hot this week

4.22-Acre Mixed-Use Development Approved in Downtown Bellevue

A major mixed-use residential development in downtown Bellevue has...

Bellevue Tip Leads to Conviction in Multi-State Sex Trafficking Case

A federal sex trafficking case that began with a...

Blazing Bagels Closes All Locations, Including Bellevue

Blazing Bagels has closed all of its locations, including...

Adrian’s Restaurant & Tequila Bar in Old Bellevue Closes Abruptly

Adrian’s Restaurant & Tequila Bar has closed abruptly, according...

Salt & Straw Ice Cream Opens in Bellevue April 24 with Giveaways and Events

Salt & Straw will open a new scoop shop...

Bellevue Collection’s July Lineup: Live Music, Arts Fair and Summer Dining Perks

Whether you’re planning a shopping trip, meeting friends for...

Coworking Company Kiln to Open Full Floor in Downtown Bellevue

Coworking company Kiln has signed a lease for a...

Bellevue Planned for the World Cup: Early Data Shows a $12.5M Payoff

When Seattle was named a host city for the...

174-Room Hyatt House Hotel Planned for Bellevue’s Wilburton Neighborhood

A proposal for a new extended-stay hotel was submitted...

222-Unit Apartments to Replace Bellevue Furniture Store

American Capital Group has filed for Design Review and...

Pokémon Lease Drives Downtown Bellevue Office Market Recovery

The Pokémon Company's move into The Eight was the...

Panda-Themed Boba Tea Shop Opens in Bellevue

A new panda-themed bubble tea shop, TeaByDo, has held...

Bellevue Police Seek Witnesses in Attempted Stabbing Near 110th Ave NE

Bellevue Police are asking anyone with information about a...

Related Articles

Popular Categories

Home Comfort Alliance - Banner 728 x 90 for HVAC