Downtown Bellevue consists of 48 commercial office buildings totaling over 6.1 million square feet. The current vacancy rate in the submarket is 5.44% on a direct basis, nearly 5 percentage points below what is considered to be a “healthy” market. With so little vacancy there are very few large blocks […]
Real Estate
New Office Building in the Works on 108th Ave
Seattle Times article on Thursday reported on a 15-story office tower on 108th Ave that began construction after long delays this week. Bentall Capital U.S. has been planning since 2005 to begin construction on this project, and it is now finally underway. This new office building will allow for 15-stories […]
Avalon Meydenbauer – Retail Details
Safeway will be the main anchor of the retail space at Avalon Meydenbauer with 55,000 sq. ft. and will be accompanied by many other complimenting retail stores. Tenants already expected to occupy the north end of the building include: Subway, Cefiore Frozen Yogurt, Happy Nails & Spa, and The Vitamin […]
Large "Entertainment Retail" space still available at Lincoln Square
As the Downtown core of Bellevue continues to flourish, so too does Kemper Development’s Bellevue Collection portfolio. As a high-end mixed use development you would be hard pressed to find a better environment as a consumer. canada goose jackets solaris parka graphite salecanada goose, Canada Goose sale, Canada Goose Online, […]
Downtown to Expand
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 […]
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 […]
