A recent study sought to highlight the U.S. cities where remote work is most prevalent. It discussed key urban areas where the trend of working from home is prevalent, shedding light on opportunities for a flexible work routine. Roughly 12% of the United States workforce, totaling more than 18 million […]
Amazon is moving 2,000 office employees from Seattle to Bellevue into two office towers. Costar News, a commercial real estate website, first reported the news. Vulcan Real Estate’s 555 Tower is one of the two office buildings where Amazon employees will be moving into this fall. The first 19 floors […]
The City of Bellevue achieved a significant milestone this Tuesday as it celebrated the expansion of wireless connectivity within the city. The occasion was marked by a ribbon-cutting ceremony attended by members of the City Council, community partners, and key figures in the telecommunications industry. This development signals a leap […]
As reported in February 2023, Amazon CEO, Andy Jassy, announced that the company has concluded that everyone is to be back in the office the majority of the time as of May 1st. This is defined as three days per week. In Bellevue, employees will be moving into two additional […]
Kidder Matthews recently published their Seattle office CRE market. Much of the information highlighted that Bellevue has shown to be thriving in comparison to other cities in the struggling office market. Even with an increase in vacancy rates, the Eastside has maintained the lowest regional vacancy rate. Bellevue has shown […]
The Bellevue City Council recently reviewed the Transportation Department’s new Automated Vehicle Strategic Vision. Bellevue and Seattle are working together to build a framework that applies a unified approach to prepare for the arrival of automated vehicles throughout the region. The document that was reviewed discusses a shared future vision […]
Located on the first level of Bellevue Square, Polestar, the electric car company, opened at the end of 2022. The electric vehicle showroom is located outside of Nordstrom, and near T-Mobile. This is the second showroom to open in Washington, with Tukwila being the other location. Polestar has opened 15 […]
According to a notice that was recently filed with the Washington State Employment Security Department, 448 employees will be let go from Amazon in the Bellevue area. The notice highlights that there will be 2,300 layoffs, with 1,852 jobs being affected in Seattle. The layoffs will officially begin on March […]
Tenants are delaying making real estate decisions and have generally been targeting shorter term leases as Work From Home and hybrid work are embraced. To add to that, there is currently a tech downturn with huge layoffs. Meta recently confirmed that they plan to sublease their office space in the […]
Autonomy, the electric vehicle subscription company, recently expanded its geographic footprint to Washington, including Bellevue. Partnering with AutoNation, they are newly located out of BMW in Bellevue. The company strives to speed up the adoption of electric vehicles. With Washingtonians being early adopters of electric vehicles, Autonomy is expanding its […]
