In September 2020, we reported that a new office tower was set to begin construction in October 2022, located alongside Interstate 405 on 112th Avenue Northeast. The building is owned by Seattle-based Investment management firm, Columbia Pacific Advisors. The project was under design review at the time. According to the […]
Real Estate
Luxury Condo Tower on Bellevue Way, One88, Officially Sold Out
Internationally recognized real estate development and construction company, Bosa Development, recently announced that they have sold out of their luxury residential tower, One88. The condominium is located at 188 Bellevue Way Northeast. One88 was the first new construction condo tower to be built in nearly a decade. It features 21-stories […]
Home of the Month: Private Destination Spot Near Kachess Lake for $3M
Located an hour from Seattle, this private Lake Kachess sanctuary offers privacy and solitude amongst beauty. The compound features two homes plus a gazebo with fireplace, pizza oven, and barbecue kitchen. Nestled in a mountain setting, rustic details blend with modern comforts like a new kitchen in the main home. […]
$8 Million Bellevue Penthouse Condo Sets Sales Records
Avenue Bellevue, the two-tower luxury condo, hotel, and retail project, recently announced that their penthouse unit has sold for $8,004,000. The three-bedroom, three-and-a-half bath unit is one of the highest priced condominiums ever sold in Bellevue. The 2,725 square foot condo cost $2,937 per square foot, setting an all-time record […]
Condo Real Estate Report for Downtown Bellevue
We interviewed Jason Foss of the NWG Team I COMPASS to learn of Downtown Bellevue’s most recent trends in the real estate market. Jason comes with 15 years of experience and is a recognized expert in Urban properties. There have been recent changes in the condo building construction pipeline, including […]
Nine-Story Office Building Proposed in Bellevue’s Spring District
According to City of Bellevue records, an application for Design Review and Variance approvals have been submitted for Block 13 of the Spring District. The applicant for the project was Wright Runstad & Company. The proposed plans are for the construction of a nine-story office building that is 205,000 square […]
Bosa Development Sells Former Site of Sushi Maru in Bellevue for $14.6M
According to King County records, The site that used to be Sushi Maru was recently sold for $14.6 million. Bosa Development was the seller. Bellevue-based private investor associated with Royal 205 LLC is the buyer of the property. The address is 205 105th Avenue Northeast. Plans were originally submitted by […]
Newmark Completes $32.5M Sale of Bellevue Development Site on 108th Ave NE
We recently reported that Capstone Partners Director, David Otis, submitted a predevelopment services application to the City of Bellevue for an 11-story office building. This comes after plans for a condominium tower on 108th Ave NE changed to an office building. According to a press release, Newmark, a major commercial […]
Vulcan Purchases MultiFamily Development Site in Bellevue for $17.9M
According to a press release from Vulcan, on July 23rd, the real estate company purchased a 1.4 acre development site at 1600 132nd Ave NE. It is located near the future location of the Bel-Red/130th Light Rail Station. Summerhill Apartment Communities was the seller. Vulcan Real Estate is planning to […]
Massive High-Rise Development Proposed in Bellevue Receives Design Review Approval
According to the City of Bellevue, the largest proposed high-rise development in Bellevue, Cloudvue, recently received Design Review approval for the first phase of the project. The Master Development Plan received approval on July 1, 2021. The first phase is planned to include two 600-foot tall office towers, one 600-foot […]