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 […]
Real Estate
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 […]
Hines Acquires Luxury Apartment Building on Main Street for $232.5M
According to King County records, Hines and a subsidiary of funds that is managed by Oaktree Capital, a leading investment management firm, purchased Main Street Flats. This is the apartment complex at 10505 Main Street in Downtown Bellevue. The purchase was made for $232.5 million. The luxury apartments feature 425 […]
Wallace Properties Plans 8-Story Apartment Building with Affordable Housing
Wallace Properties, the commercial property management firm, recently applied for Design Review approval to the City of Bellevue for a multifamily residential building. The address is 11027 Northeast Fourth Street. In city records, the project is referred to as “111th Ave NE Apartments”. It is planned to have eight stories, […]
Alliance Residential breaks ground on senior living tower, Holden of Bellevue, on 112th Ave NE
Bellevue, WA. (July 19, 2021) —Alliance Residential is constructing Holden of Bellevue, a premier senior living community that is the first of a three-phase project in downtown Bellevue. It will be followed by an independent living community in phase two and a multifamily project in phase three. The new community, […]
Plans for Condo Tower in Downtown Bellevue Change to 11-Story Office Building
Plans for a condominium tower in Downtown Bellevue recently changed to an office building. The address is 305 108th Avenue Northeast, formerly home to Compass Real Estate. Capstone Partners Director, Dave Otis, submitted a predevelopment services application to the City of Bellevue for an 11 story office building. The building […]
Home of the Month: The Sophisticate on the Westside, $28.5M
This west-facing waterfront estate on Hunts Point welcomes you with a gated entry and brick exterior. The interior of the home opens seamlessly to the infinity pool, terrace, and lawn to the shores of Lake Washington. Boasting views of the Seattle skyline and Olympic Mountains, the space is designed for […]