Kemper Development Announces Lease With Option to Buy 4th Block

According to a release from Kemper Development Company (KDC), they have entered into a long term lease with an option to buy the property on the NW corner of NE 8th and Bellevue Way. This property has long been coined “the 4th corner” because of its proximity to Bellevue Square, Bellevue Place and Lincoln Square.

The property is about 46,000 square feet and According to the release by KDC the company does not currently have any plans of moving the current tenants. KDC will be leasing the property from Kaylen Investment Co., Inc.

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