All Entries in the "Commercial Real Estate" Category
HSBC World’s Biggest Bank to Open Retail Branch in Bellevue
During a reception on Thursday evening to introduce HSBC to the Bellevue community at the Bellevue Harbor Club, Dominic O’Hagan, Regional President of HSCB West Coast, stated that they have actively been looking for a retail location in Downtown Bellevue.
Having HSBC, the world’s largest international bank, come to Bellevue is yet another sign that the [...]
Downtown Bellevue Homebuilder, Conner Homes, Sells Headquarters
According to an article in the Seattle Times, homebuilder Conner Homes sold their 2-story Downtown Bellevue headquarters to another Bellevue company, Longwell Co., for $4.1 million.
According to their site, Conner Homes started building homes in 1959 and have built nearly 5,000 to date.
The property that was sold is located at 846 108th Ave N.E. (Google Street [...]
Eddie Bauer Places Sign Atop Lincoln Square
Have you noticed something different about Lincoln Square? There is a new sign at the top of the building. Believe it or not Eddie Bauer up until this point has not had a sign to signify occupancy of their corporate headquarters at Lincoln Square in Bellevue. This clearly suggests that Eddie Bauer has come to an agreement [...]
Gun Shop Opens in Downtown Bellevue
During the hustle and bustle of the holidays, a gun shop quietly slipped into Downtown Bellevue. It’s located on the north side of NE 8th St., in a strip mall with stores including Thai Grill, Bellevue Nails, What the Pho, Money Tree, and a few others. The store is on the same city block as [...]
Local Developer Looks to Buy Portion of Washington Square “Superblock”
In a report by the Seattle Times, Seattle developer Touchstone has taken a tentative deal to buy a portion of Washington Square’s “Superblock.” In their report they have approached the city about building a hotel and office building on the site.
The application filed with the city indicates that the developer would be building on the [...]
Microsoft Spells Out “Bing” at City Center Plaza
Over the weekend the City Center Building, where Microsoft occupies, was lit up to spell out “bing” with the lights of the building. The 26-story building is one of the 4 new Microsoft Towers in Downtown Bellevue within the past 2 years.
Bing is Microsoft’s search engine that they’ve recently re-branded, and they have had a [...]
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.
The project began in early 2008 [...]
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 dramatic in its vacancies, increased slightly, [...]
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 not going to be in business [...]
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 for us to stay where we [...]
