In September of 2011 the penthouse at One Lincoln Square as we reported (https://downtownbellevue.com/2011/09/19/one-lincoln-square-bank-owned-penthouse-for-sale-4-95m/ ) was first listed for $4.95M. On March 28th the sale was complete to an owner that paid $2.3M, 53% lower than the original asking price. The price paid was also lower than the last sale […]
Real Estate
Main Street Property For Sale With Plans of Housing Units
A property at the intersection of Main Street & 107th Ave. NE is for sale. The site, which occupies 22,209 sq. ft. has an asking price of $4.5M. The property has been fully permitted and now has a plan, which Colliers International has put together, for a potential buyer. The […]
Hybrid Car Company, Fisker, Opens Dealership in Downtown Bellevue
Fisker, a new luxury sports car hybrid automotive company, has opened a small dealership in Downtown Bellevue. The dealership is owned by the O’Brien Auto Group, which owns Lexus of Bellevue and several other dealerships in the Puget Sound area. Fisker started delivering the Fisker Karma in the 2nd half […]
Sold for $79 Million: The Shops at The Bravern
The Shops at The Bravern have been sold, according to the Puget Sound Business Journal. The report states that Ashkenazy Acquisition Corp., a firm out of New York City, has purchased the shopping center for $79 million. Schnitzer West, the seller and developer of The Bravern, put the center up […]
Vacancies at Avalon Meydenbauer: Subway, CeFiore Frozen Yogurt, and more?
If you’ve been looking for the Subway at Avalon Meydenbauer you will no longer find it. Subway closed their business in February and now has a leasing sign in their window advertising the availability of the space. In addition to Subway, CeFiore Frozen Yogurt has also appeared to close. Last […]
Report: Buyer Lined up for The Bravern Retail Complex
According to a report by the Puget Sound Business Journal, Schnitzer West LLC, the owner of The Bravern, has a buyer lined up to purchase the retail portion of the complex. Schnitzer West put the property for sale in November of last year. The buyer has not been revealed, but […]
Condominium Sales Looking Up in Downtown Bellevue
We think downtown Bellevue is a great place to live, and we’re glad to see that condominium sales are up in our area this year. One Main Street Condominiums sold 2 more of its 57 homes last week. The remaining 10 homes, a variety of 1-bedroom condos, range from 662 […]
$4.5 M Lincoln Tower 37th Floor Condo For Sale
A 37th floor condominium at Lincoln Tower in Downtown Bellevue has just been listed for $4.5 M. The 2-bedroom, 3,007 square-foot unit has gorgeous views of the Seattle skyline, Olympics, and Mount Rainier. According to the real estate listing, the original owner purchased the unit as a shell and has […]
Bellevue Towers Top in Market for 2011 Condo Sales
Bellevue Towers was the region’s best selling condominium project in 2011 with 144 homes closed and sold since January 1, 2011. Sales for the year was $88,940,000, which was double the volume of the closest comparable project in the market. Last year homes at Bellevue Towers averaged about $433 per […]
Developer Pays $7 Million for Downtown Bellevue Property
A developer recently purchased the downtown Bellevue site where Taco Time is located for more than $7 million. The 25,025-square-foot property, located at 201 106th Ave. NE, houses Taco Time and a dry cleaner, although the site is zoned for a 20-story mixed-use project. The developer is with an investment […]
