Author: brian

Slight Slump in Downtown Bellevue Economy

It seems as thought, the bearish national economy has finally caught up to Downtown Bellevue. In an address by Bob Derrick to the City Council, Derrick sited slumping housing prices, slowed retail sales, and fewer development projects taking off as the symptoms to the claim. Women’s San Francisco 49ers PINK […]

Yahoo Subleasing Downtown Bellevue Office Space

Downtown Bellevue has been a focal point in the strategic plans of software and dot com giants such as Yahoo, Google and Microsoft, as the three competitors can’t seem to acquire enough office space. Microsoft has leased nearly every large vacancy in Downtown Bellevue, Google attempted to lease Tower 333, […]

Microsoft Leases City Center Plaza

As rumored last week, Microsoft has fully leased City Center Plaza on 6th Street in Downtown Bellevue. The 26-story, 571,806 square foot building will add to the already large footprint Microsoft has in Downtown Bellevue, which will make them Bellevue’s largest employer. City Center Plaza building will allow for about […]

Q1 Commercial Real Estate Statistics for Downtown Bellevue

The first quarter office market statistics for the Bellevue CBD reflect a market in limbo, as nearly 75,000 square feet of office space was negatively absorbed, causing vacancy rates to tick up slightly to 7.23% in Downtown Bellevue. cheap nfl fabrics vegetable prints, wholesale jerseys from china, wholesale nfl jerseys […]

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 […]

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 […]

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 […]