A group of senior lenders from Morgan Stanley financial services firm consolidated ownership of Bellevue Towers on Thursday. Morgan Stanley and its co-lenders have increased their financial investment in the downtown luxury condominium development. The consolidation provides financial stability for the property as remaining condominiums are sold, according to a […]
Real Estate
Via Vita Café & Wine Bar Now Open
Via Vita Café & Wine Bar is now open in downtown Bellevue. The café offers breakfast, lunch, happy hour, and light dinner daily in the Belcarra apartment building at 1032 106th Ave. NE. Visitors can enjoy coffee, pastries, and small plates, as well as handmade gelato and European wines. The […]
Pay No Rent at The Bravern Apartments Until February 2011
The Bravern Residences Apartment Homes made an announcement Tuesday, communicating that for a limited time if a new renter signs a 14-month or longer lease they will not have to pay rent until February 2011. In October The Bravern Residences reallocated the remainder of their units from condos to apartments in […]
Uwajimaya To Open Bellevue Store on Outskirts of Downtown Bellevue
According to a report from the Puget Sound Business Journal, Asian grocery store Uwajimaya will open a new location where the old Larry’s Market store once stood at 120th & 8th streets in Bellevue in the Spring of 2011. Currently Uwajimaya is located on Bel-Red Road in Bellevue and will […]
Washington Square Leases First-Floor Townhomes
Washington Square is now leasing its townhomes on the first floors of Tower 1 and Tower 2 in downtown Bellevue for $3,995 per month. Each home includes a balcony, a private garage, and a personal elevator. The townhomes feature a Tuscan-style design with custom Shaker-style cabinetry, marble countertops, and limestone […]
Washington Square Launches New Website
Washington Square Condominiums has recently launched a sleek new website. The site is filled with interactive components, with the best new feature being the high-quality videos that were produced. Dell Loy Hansen, the CEO of Wasatch, is featured in one of the videos and tells the story of how 8 […]
The Bravern Expands Apartment Offerings
The Bravern’s developer, Schnitzer West, has announced the expansion of its luxury apartments with the debut of its North Tower apartment homes in downtown Bellevue. The Bravern Signature Residences will host an open house on October 16th-17th spotlighting the model homes in the North Tower. Leasing in the North Tower […]
Soma Towers, New 2-Tower Apartment Project Planned to Break Ground in Spring 2011
According to a report from the Seattle Times, Su Development (Developer of Elements Too and 989 Elements) has submitted preliminary plans for a 2-tower, 21 and 18-story apartment high-rise, respectively, to break ground next spring in Downtown Bellevue. The project is called Soma Towers, and according to plans will be located on the […]
The Bravern’s Office Towers Sell for $410M
The Bravern’s office towers, which are entirely filled by Microsoft, were sold for $410 million. The 750,000 square-foot office spaces sold to the Principal Real Estate Investors of Des Moines, Iowa for about $547 per square foot. This price represents a healthy premium for Schnitzer West, the seller of the property. […]
Bank Seeks Foreclosure on Proposed Bellevue Hotel Site
According to a Seattle Times article the Prime Pacific Bank of Lynnwood is seeking foreclosure on a loan where a 15-story hotel in Downtown Bellevue was once planned. The site was planned for a 145-suite hotel on NE 2nd St., between 108th & 110th Avenues NE. According to the report […]
