The site in downtown Bellevue where Las Margaritas Mexican restaurant is located has been sold. Located just west of the Bellevue Transit Center at 437-527 108th Ave. N.E., the 1-1/3 acre property sold for a record price of $31 million. According to the Puget Sound Business Journal, real estate broker […]
Commercial Real Estate
Bellevue Courtyard Marriott Completes Renovation
Courtyard Marriott Downtown Bellevue Hotel has just completed a renovation. Upgrades include everything from the guest rooms and lobby area to the meeting rooms and dining facilities. Visitors will be greeted from an updated front desk with a dramatic accent wall, as well as an enormous touch-screen television offering guests […]
Kemper Development Company Announces $1.2 Billion, 2 Million Square Feet Expansion
According to a press release Kemper Development Company announced that they will go forward with their mixed-use expansion. The project is planned to begin in 2014 and will be completed by fall 2016. As anticipated the addition will be in the form of retail, hotel, residential, dining, and entertainment. The […]
Kemper Development Looks To Acquire Fourth Corner
At the intersection of Northeast Eighth Street and Bellevue Way, there is one one corner that Kemper Development, owner of the Bellevue Collection, does not own. The Bellevue Collection is a multi-block, mixed-use development that includes the 1.3-million-square-foot Bellevue Square shopping mall. According to the Seattle Business Journal, the company […]
The Future of Downtown Bellevue: The Spring District
The future of Downtown Bellevue is about to be shaped by an adjacent residential development site in Bellevue’s 36-acre mixed-use, Spring District, at the intersection of SR-520 and I-405. Wright Runstad & Company and Shorenstein Properties have chosen Security Properties to initiate the development. Security Properties will purchase a 2.5-acre […]
Report Indicates Two 14-Story Residential Towers to be Built at Bellevue Square
Credit: Flickr chispita_666 According to a report by The Seattle Daily Journal of Commerce Kemper Development, developer and operator of Bellevue Square, Bellevue Place and Lincoln Square, has a plan to build two 14-story residential towers and nearly 250,000 square feet of retail on the southeast corner of Bellevue Square. […]
City of Bellevue Leaders Say Cranes May Be Returning to Downtown Bellevue
The “crane index” was an informal way of characterizing the pace of development and the economic health of Downtown Bellevue during the boom years. The index consisted of the number of tower cranes at construction sites throughout the city. At the peak of development in 2007, there were 21 cranes. […]
Kemper Development Buys Oriental Rug Co. Corner Property
The PSBJ is reporting that the Kemper Development Co., has acquired a prime, corner location, adjoining Bellevue Square. The location, on the northwest corner of Bellevue Way and NE 4th St., is enveloped by real estate owned by Kemper Development. Via the acquisition, Kemper will own all of the property […]
Job Growth is Driving Ebay Office Relocation to Downtown Bellevue
Guess who is coming to Bellevue. The online merchant Ebay is going to centralize its Puget Sound organization within a downtown Bellevue office tower. According to a report via our news partner, the Seattle Times, the San Jose, Calif., based company has signed a multi-year lease for 53,000 square feet […]
Rockefeller Group Development Plans for High-rise Complex in Downtown Bellevue
The Rockefeller Group, a global private company based in New York City, primarily involved in real estate operations in the United States, has plans to enter the Downtown Bellevue commercial real estate market. It is well known for the development of Rockefeller Center in New York Bellevue’s Sterling Realty Organization […]
