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 […]
Commercial Real Estate
Bosa Development Sells Property on NE 8th to Schnitzer West for $65M
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 Sells Building on 108th to Clarion Partners for $53.5M
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 […]
Avenue Bellevue Condo Project Hits Sales Milestone: 30% Pre-Sold in West Tower
Avenue Bellevue, the two-tower luxury condo, hotel and retail project, celebrated the launch of sales for its “Residences” in late November. The West Tower, that features 224 residences, are now more than 30% sold. The “Residences” in the West Tower range from studios to two-bedroom homes and will include views […]
Facebook Leases Third Office Building in Bellevue’s Spring District
Facebook recently leased another building in Bellevue, located in the Spring District, according to Business Insider. The building that was leased, Block 6, will be 325,000 square feet once it reaches completion. This is the third building that the social media and social networking company have leased in the Spring […]
Developer, Skanska, Proposes 26-Story Office Building on NE 8th
Skanska, a world leading project development and construction group, has submitted a proposal for design review. The new project is titled “NE 8th”. The property is located at 10660 NE 8th Street and 10630 NE 8th Street. The site is 77,056 square feet. At the moment, there are three buildings […]
Avenue Bellevue Project Breaks Ground, Reveals Second Condo Tower Details
Planned to open in 2022, Avenue Bellevue, the mixed use residential, retail, and hotel project, hosted a ceremonial ground breaking event for members of the press. During the ceremony, Fortress Development unveiled new details and rendering of the second of its two towers. The second tower, “West Tower”, will include […]
This new luxury development will change Downtown Bellevue
Today, in an exciting ceremony, the much-anticipated mixed-use development – Avenue Bellevue – officially broke ground, marking the commencement of construction on the $1+ billion project that is sure to change the landscape and standard of living for downtown Bellevue. Coming in 2022 to the corner of NE 8th Street […]
Facebook Leases Additional Space in Bellevue’s Spring District
Facebook is leasing an additional 160,000 square feet of office space in the Block 24 building in Bellevue’s Spring District, according to a document filed with King County. PSBJ stated that Facebook confirmed the lease on August 29th. We reported in January that Facebook leased the 11-story Block 16 office […]
Largest Bellevue Development Site Moves Forward with Demolition Permits
Cloudvue, formerly named Elev8, is proposed to be the largest high-rise project in Bellevue to date. According to city permits, the development will have three 600-foot skyscrapers with a total of 1.7 million square feet of office space on 4.61 acres. Cloudvue’s plans also include 695,000 square feet of residential space […]