REI Co-op announced that it has completed the sale of its Spring District property, for a purchase price of $390 million. The 400,000 square foot campus and 6 acres of land was purchased by Facebook. The sale represents a positive return on the co-op’s investment in the property. It enables […]
Commercial Real Estate
Neiman Marcus in Bellevue at The Bravern Closes its Doors For Good
Neiman Marcus, located in Bellevue at The Shops at The Bravern, has closed its doors for good. The luxury retailer’s last day of operation in Bellevue was on September 12, 2020, just a day after its 10 year anniversary. As announced in July, the closure came as a part of […]
Flywheel Sports in Bellevue Permanently Closed
Flywheel Sports in Bellevue is now closed. It was located at 1032 106th Avenue Northeast. The indoor cycling studio’s website now has a message that reads, “Bellevue has been permanently closed.” Flywheel Sports, Inc. shut down more than a quarter of its locations. They offered stadium cycling and precision training. The […]
New U-Shaped Office Tower in Bellevue to Begin Construction in 2022
A new office tower is set to begin construction in October 2022, located alongside Interstate 405 on 112th Avenue Northeast. The U-shaped building is owned by Columbia Pacific Advisors, a Seattle-based investment management firm. According to the City of Bellevue, the project is currently under design review. At the moment, […]
Amazon Leases Additional Two Million Square Feet of Office Space in Downtown Bellevue
Vulcan, Inc. just announced that they have begun the development of two new office projects in the Bellevue Central Business District where Amazon has leased both towers. The site is located at 555 108th Avenue Northeast, adjacent to the Bellevue Transit Center. The 555 Tower is a 42-story high rise […]
STK Steakhouse to Open at Lincoln Square in Old Palomino Location
According to a City of Bellevue permit, STK Steakhouse is coming to Downtown Bellevue. They will be opening in Lincoln Square, at what was previously Palomino Restaurant and Bar. The address is 610 Bellevue Way Northeast. The project work includes an interior dining space remodel with interior finishes, interior furnishings, […]
Purple Bellevue, Lot No, 3 and Cast Iron Studios Announce Permanent Closures
Heavy Restaurant Group CEO, Larry Kurofsky, announced in a statement the closure of their three downtown Bellevue restaurants, Purple Bellevue, Lot No, 3 and Cast Iron Studios. “We have made the difficult decision to permanently close Purple Bellevue, Lot No, 3 and Cast Iron Studios. While all three restaurants were […]
New Plans Emerge for Washington Federal Building on 108th
According to City of Bellevue records, updated plans have been submitted for the Washington Federal building. The project is located at 400 108th Avenue Northeast. Clarion Partners, a real estate investment group that is headquartered out of New York, is planning a 17-story building with about 356,000 square feet of […]
WeWork to Open New Location at Atrium 110 in Downtown Bellevue
WeWork is opening another location in Bellevue come February 2021. The new office space will be located at 110 Atrium on 110th Avenue Northeast. The company offers onsite parking. However, the new location is close to the Bellevue Transit Center, making it the ideal work space for workers driving or […]
Bellevue PCC Now Open at New Wilburton Village Development
Bellevue PCC on Northeast 4th is now open at Wilburton Village. The food market’s hours begin at 9am, daily. The Bellevue location features an espresso and bakery counter with made-from-scratch bakery items, full-service meat and seafood station, a curated selection of Pacific Northwest-produced spirits, an affordable line of certified organic […]