In an attempt to jump start sales, Bellevue Towers has announced today that it is offering reduced pricing by an average of 20% to the next 50 buyers who close. Gerding Edlen, developer of Bellevue Towers, stated, “It has become clear that while the economy is showing some signs of […]
Real Estate
Construction Halted on Summit III Office Tower
According to a Seattle Times report, developer Bentall Capital is pausing their Summit III project, which has been planned to be a 15-story, 330,000 square-foot office building at 108th Ave NE & NE 4th St. The project is across the street from Tower 333, also known as the Expedia Tower. […]
Office Space Vacancies Increase in Downtown Bellevue & Seattle
A story today, in the Seattle Times, reported on vacancies affecting the downtown Seattle and Bellevue office markets. Downtown Seattle has had an 8.3% increase in vacancies, from the same time last year, changing from 12.6% to 14.7% according to a Cushman & Wakefield report. Downtown Bellevue, while not as […]
2 Avalon Meydenbauer Retail Tenants Close
Both Giraffe HTJ and Zounds Hearing are now vacant spaces at the Avalon Meydenbauer retail complex. With just over a year in business for Zounds, and even less for Giraffe, they have both closed their doors. From the beginning it was clear that Giraffe HTJ, with its obnoxious distracting strobe light flashing, was […]
KeyBank District Headquarters to Stay in Downtown Bellevue
KeyBank will maintain their district headquarters that is in Downtown Bellevue at Key Center, on the corner of 108th Ave. NE and Bellevue Way, according to an article on Friday by the Puget Sound Business Journal. After searching for alternative space, KeyBank’s Rick Wirthlin said, “The landlord made it very attractive […]
Recruiting Tenants for Lincoln Square 2
A recent video created by the Bellevue Collection depicts the benefits of bringing businesses to the Eastside overall, and specifically the opportunity of occupying space at Lincoln Square 2 once it is complete. There is no newinformation communicated in the video regarding features, time lines to build, companies occupying, etc. […]
Microsoft Has Arrived at The Bravern
By the end of May, over 1,500 Microsoft employees had begun moving into The Bravern office space, where they will occupy 2 office towers. Currently, Microsoft occupies 11 floors in Building One and is expected within the next 2 & 1/2 months to occupy the additional available space, for a total of […]
Everything is ‘One Block Away’ at Washington Square
Residents began moving into Washington Square Condominiums over 18 months ago, in January 2008. We recently visited the property to get an update on how the project has evolved and how the community is beginning to take shape. Washington Square was the first, out of the major condo complexes of […]
A Walk Through Bellevue Towers
Bellevue Towers has been open for a few months now, and residents have started moving in as new floors become available to occupy. The 2 towers are a masterpiece and have given Downtown Bellevue a distinct and changed skyline forever. Few have yet to see the interiors and common areas complete, […]
Essex On The Park Out, Bellevue Park Hotel In
Essex on the Park is out, and a new boutique hotel is in. Likely due to the stiff competition in the luxury condominium space, Essex On The Park will no longer pursue the planned complex. Abu Dhabi-based Hydra Developments has decided to build a 75,000 sq.-ft. boutique hotel with