An article posted in Tuesday’s Seattle Times, reported that Kemper Development’s expansion of Lincoln Square has been delayed by at least 15 months due to the current market conditions. Construction on the project will not begin until the middle of 2010 at the earliest. As previously reported, the expansion plans […]
Real Estate
Brazen Real Estate Partners With Sotheby’s International Realty
Brazen Real Estate, Bellevue’s local neighborhood realtor, has recently reached a licensing agreement with worldwide luxury realtor Sotheby’s. For an undisclosed amount, Brazen Real Estate will use Sotheby’s network to further interest those around the country, and world, about properties available in the area. Not just any real estate firm […]
The New York Times Recognizes Bellevue As A Strong Real Estate Market
A New York Times article, titled “Housing Prices Fall 14.1% in Sign of Continuing Slump,” had a small blurb recognizing Bellevue as an area with “robust” sales. Here is the excerpt: As in other regions, the slowdown is hitting outlying areas first and hardest. Sales and prices are still robust […]
Growth Stunted: European Tower Project Delayed
After recently receiving the proper permitting from the City of Bellevue this month, the European Tower project has been put on hold. This ultra luxury, 16-story project, which contains one residence per floor, has been delayed until further notice. According to the COO of GIS International Group (developer), Eugene Gershman, […]
Yahoo Subleasing Downtown Bellevue Office Space
Downtown Bellevue has been a focal point in the strategic plans of software and dot com giants such as Yahoo, Google and Microsoft, as the three competitors can’t seem to acquire enough office space. Microsoft has leased nearly every large vacancy in Downtown Bellevue, Google attempted to lease Tower 333, […]
Bellevue Towers Tops Out Top Floor
The city’s new tallest peak in town has arrived! Bellevue Towers had their “Topping Off Ceremony” Wednesday afternoon, celebrating the freshly poured concrete on the 43rd story of the South Tower building. The views from the top are absolutely breathtaking. From this vantage point, there are views of Lake Washington, […]
The Village Bellevue – Open House
Today, from 4-8pm, The Village Bellevue will be hosting an open house to show off their rentable office space concept that will occupy a portion of Su Development’s Element’s Too building, which is currently under construction. We previously reported the announcement of this project back in March. They now have […]
Microsoft Leases City Center Plaza
As rumored last week, Microsoft has fully leased City Center Plaza on 6th Street in Downtown Bellevue. The 26-story, 571,806 square foot building will add to the already large footprint Microsoft has in Downtown Bellevue, which will make them Bellevue’s largest employer. City Center Plaza building will allow for about […]
Q1 Commercial Real Estate Statistics for Downtown Bellevue
The first quarter office market statistics for the Bellevue CBD reflect a market in limbo, as nearly 75,000 square feet of office space was negatively absorbed, causing vacancy rates to tick up slightly to 7.23% in Downtown Bellevue. However, lease rates continued to rise, reaching $38.67 on average; a 2.5% […]
Ask Lea: Cinco De Mayo is Monday, May 5th!
Dear Lea,Does Downtown Bellevue have any family Mexican restaurants that would be decent to go to on Cinco De Mayo?– Muchas Gracias, Bob Dear Bob, I do think Bellevue is in need of some better sit-down Mexican restaurants. There is Chipotle, Baha Fresh, and Taco Time, but I don’t really […]
