It was reported on Wednesday in the The Seattle Times that Auto Row on 116th was given approval by The Bellevue City Council on Monday to increase the height limits up to 75 feet in some cases. Due to the heavy growth in the Downtown Bellevue core, it is inevitable […]
Real Estate
Outlook for Downtown Bellevue Remains Strong
By now I am sure all of you are aware of the nationwide credit crisis, the failing housing market, and some of you have maybe even suffered from the volatile stock market. These are just a few factors that are contributing to the nation’s recession fears. These economic drivers seem […]
Two Office Buildings Sold in Downtown Bellevue
Investment sales in the commercial real estate market continue to be bullish in Downtown Bellevue as the Washington Mutual Plaza and the Key Bank building have both sold this month. Washington Mutual Plaza located at 118 106th Ave NE was built in 1995. The 96,691 square feet of office and […]
Bellevue Towers Onward and Upward
If you’ve looked up lately while driving around Downtown Bellevue, you might have noticed the two large residential condominiums filling the sky. These quickly rising structures belong to Bellevue Towers. When complete, the South Tower of Bellevue Towers will reach 450 feet tall, and will be the highest peak in […]
Washington Square Opens this Weekend
Washington Square condominiums, at the block of NE 10th & 8th street and 106th & 108th ave NE, have completed their first phase of one of their two new condo towers. Customers purchasing units in this first phase will be welcomed to move in this weekend. The 188-unit tower first […]
Newest Member of the Team Gives Insight into Commercial Real Estate Market
My name is Brian Biege; I am the most recent member of the Downtown Bellevue Network team. My mission is to provide YOU with the most up to date and relevant insight into the commercial real estate market in Downtown Bellevue. I will cover topics such as tenant relocations, updates […]
Downtown Bellevue Cadillac Dealership property SOLD
The Hanover Company based out of Houston, TX has just purchased the current Downtown Bellevue Cadillac dealership property for $39,300,000. The dated looking Cadillac dealership at 1001 106th Ave NE is over 2.5 acres, and is planned for two high-rise apartment buildings. This is the Hanover Company’s third property and […]
"Ho Ho Ho," says Ashwood to commuters
“Ho Ho Ho!” Ashwood II , located on 112th Avenue NE right off of NE 8th Street, wins Downtown Bellevue Network’s Most Festive Construction Site Award. The developer/construction team has put up wreaths in the shapes of the letters “H” and “O” that light up sporadically across the construction site […]
Washington Square Retail Announced
With Washington Square Condominium project quickly finishing construction of their two condo towers, it has been announced via their Web site the planned retail partners which will occupy the bottom spaces. Zupan’s Markets This high end European market specializes in fine bakery, deli, meats, cheese and wine selections to name […]
Condo Update: Essex on the Park
Inspired by Manhattan’s Upper East Side, plans have been announced for the exclusive nine-story condominium project which will be located across from Bellevue’s Downtown Park. Fast Facts: Address: 24 102 Avenue NE, Bellevue, WA 98004 Completion Date: 2009 Number of Condos: 41 Developer: First Bellevue Properties LLC Bedrooms: 1-3 Bathrooms: […]
