Commercial Real Estate

Bellevue Red Lion Hotel for Sale

Downtown Bellevue’s Red Lion Hotel is for sale, according to the PSBJ. Red Lion Hotels Corp. recently announced the closure of the two-story hotel, which opened on Main Street in 1969. The hotel features 181 guestrooms and 5,700 square feet of meeting space. The Red Lion Hotel sprawls across a […]

Target Cancels Downtown Bellevue Store

Target Corporation has decided against opening a new Target store at the corner of Northeast Fourth Street and 116th Avenue Northeast, in Bellevue’s Wilburton neighborhood, according to The Bellevue Reporter. As a result, the City of Bellevue has stopped work on a development agreement with Target Corp. City council members […]

Downtown Bellevue property sells for $13.5 million

The three-quarter acre site next to Expedia’s headquarters in downtown Bellevue sold for $13.5 million on Monday, according to PSBJ. A 15-story office building with 210,000 square feet of space is reportedly planned for the site. It’s unclear when construction would begin. A document filed with King County on Monday […]