If 2018 was the year of restaurant openings, 2019 was the year of high profile restaurant closures. Additionally, the year has brought promise for new entertainment options, including Forum Social House that was announced mid-year, and opened in mid-December. On the real estate front, Amazon has brought big headlines in […]
According to public records, the office towers and garage at The Bravern were recently sold for $585 million. The buildings are located at 11025 and 11155 Northeast Eighth Street. Bravern Bellevue LLC sold the towers to Invesco, an investment management company. Bravern Bellevue LLC purchased the office towers from Schnitzer […]
The Seattle Times recently wrote an in-depth report on the state of transportation in Bellevue. The article states how the City has traditionally been known for easy driving and with the ongoing building boom, it is forcing the City to rethink and focus on how people get around. According to […]
Construction is more than halfway finished on the East Link Light Rail, according to Sound Transit. The project is slated to reach completion in 2023. East Link’s progress has recently been documented. The inside of the light rail tunnel under downtown leading to the Bellevue Downtown Station is currently being […]
Bosa Development, real estate developer and builder, sold their property at 10635 Northeast 8th Street to Schnitzer West, a development company, for $65 million. The property acquired is about 1.5 acres, as first reported by Puget Sound Business Journal. Schnitzer West is best known for their tenant-focused office space. Bosa bought […]
Washington Federal Bank sold their corner property in downtown Bellevue to Clarion Partners for $53.5 million, as first reported by Puget Sound Business Journal. The site site is located at 400 108th Avenue Northeast. Clarion Partners is a real estate investment group that is headquartered out of New York. Their […]
According to multiple sources, Lime recently announced that they will not be renewing their bike share program with the city of Bellevue. The one-year pilot program provided 400 e-bikes throughout the city, mainly in downtown Bellevue. Lime’s permit was extended through fall 2019 while the evaluation of the pilot was completed. […]
Expedia recently began moving their employees from Bellevue to Seattle. Their new headquarters is located at the former Amgen campus on Elliot Bay amongst 40-acres of waterfront. The site was purchased for $229 million by the travel company. According to Josh deBerge, an employee at Expedia, their lease for Tower […]
A study done by RENTCafe, a nationwide apartment search website, focused on which areas charged the priciest rents in summer 2019 and saw the most significant rent changes, was recently published. It looked at about 7,000 ZIP Codes and analyzed rents in 17 million apartments across the United States. For […]
The City of Bellevue recently responded to the issue of homelessness by hiring its first homelessness outreach coordinator. Stephanie Martinez will provide direct assistance to those experiencing homelessness, respond to related community issues, coordinate efforts by departments within the city like Police, Fire and Development Services, as well as with […]
