A letter from the United States Postal Service to the City of Bellevue states that both the Midlakes and Bellevue Main Post Offices may relocate to one location just north of Bel-Red Road, at 120th Ave NE. The relocation is part of a cost cutting measure for the U.S.P.S. that […]
Real Estate
Bellevue City Council Approves Funding for Low-income Apartments in Downtown Bellevue
The Bellevue City Council gave the green light to fund a 56-unit low-income apartment complex in Downtown Bellevue. The city’s contribution to the $15 million project will be $635,000. The funding comes from its Housing Fund for the Low Income Housing Institute’s Downtown Bellevue Apartments. The apartment building will be […]
Penthouse at One Lincoln Tower Sells For $2.3M – Over 50% Off
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 […]
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 […]
