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 […]
Tag: Microsoft
Top 10 Downtown Bellevue Network Articles of 2022
Just before the beginning of the new year, we take a look back at our top 10 articles according to our readers. In 2020, the articles that were the most popular focused on how our community went through great change during COVID and 2021 was all about store closures and […]
Bellevue Downsizing and Vacancy Rates Increase as Tech Companies Embrace Work from Home and Hybrid Work
Commercial real estate brokerage, Broderick Group, recently published their Q3 2022 Eastside Office Market Overview. This included current news and trends, Eastside’s new development forecast, office market history, and more. In July 2022, Amazon announced that they would be pausing construction on six of their office towers in Bellevue. Bellevue […]
Microsoft Not Renewing Lease in Bellevue after Expires in 2023
Microsoft currently has five different leases in Bellevue. One of the leases is set to expire in years to come, and they will not be renewing it, according to Puget Sound Business Journal. The tech company confirmed that they decided not to renew the Advanta lease in September 2023. Microsoft’s […]
Bravern Office Buildings Sell for $585M
According to public records, the office towers and garage at The Bravern were recently sold for $585 million. The buildings are located at 11025 and 11155 Northeast Eighth Street. Bravern Bellevue LLC sold the towers to Invesco, an investment management company. Bravern Bellevue LLC purchased the office towers from Schnitzer […]
GameStop Now Closed at Bellevue Square
Calling all gamers, GameStop is now closed at Bellevue Square. Over the years there have been several video game stores at Bellevue Square, but GameStop’s closure marks the last dedicated video game store in the shopping center. The Microsoft Store sells games for Xbox, but is the only remaining store […]
Bellevue’s Technology Ecosystem is Flourishing
Technology companies are playing a big part in the growth of the Bellevue market. Bellevue is home to several large tech companies like Microsoft, Expedia, Concur and T-Mobile. The Seattle/Bellevue metropolitan area is being recognized as a major technology center in the U.S, primarily due to the vast computer engineering […]
Microsoft Retains Office Space at The Bravern
In June it was reported that Microsoft would vacate seven floors of office space at The Bravern. Last week Puget Sound Business Journal reported that the company has taken action to retain the property. Floors 4 – 10 was previously available to be leased, with a total of 166,873 square feet. Further, […]
Bellevue School District Partners with Microsoft for New Elementary School to Support Growing Downtown Population
The Bellevue School District and Microsoft plan to partner for the district’s first new elementary school in several years, the Bellevue Reporter reported. Elementary 18, the placeholder name, will be the second school in the district, after Sammamish High School, to collaborate with Microsoft. The 150 Microsoft Showcase Schools involved in the program […]
University of Washington, Microsoft & Tsinghua University Launch Global Innovation Exchange in Bellevue’s Spring District
The University of Washington, Tsinghua University in China and Microsoft Corp. have chosen Bellevue for a collaboration to deliver education to innovators from around the world. The initiative, to be called, Global Innovation Exchange (GIX), will feature top students, faculty, professionals and entrepreneurs from around the world to solve key […]