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Seattle DJC.com local business news and data - Real Estate - Facebook-leased building at Spring District fetches $200M

Rendering by Studio 216
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Facebook’s Block 24 is in the foreground, with its Block 16 north across the street. This view looks northwest along 124th Avenue Northeast.
Already leased to Facebook, Block 24 in East Bellevue s Spring District is nearing completion on its interiors and not yet occupied. Yet developer Wright Runstad and partners have already sold it, empty, to a fund associated with Brookfield Asset Management. The company announced the $200 million deal yesterday; King County hadn t yet recorded the sale before deadline Wednesday.
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Wright Runstad , Brookfield Asset Management , East Bellevue , Spring District , Brookfield Asset , King County , ப்ரூக்ஃபீல்ட் சொத்து மேலாண்மை , கிழக்கு பெல்வ்யூ , வசந்த மாவட்டம் , ப்ரூக்ஃபீல்ட் சொத்து , கிங் கவுண்டி ,

Seattle DJC.com local business news and data - Real Estate - Wig pays well over $7M for East Bellevue TOD site

Real Estate Editor
A small old medical office complex at 1414 116th Ave. N.E. in East Bellevue has sold for almost $7.7 million, according to King County records. The buyer was an LLC related to family-run Wig Properties, which hasn t filed any new plans for the corner, at Northeast 12th Street. It s a little east of Interstate 405, near Overlake Medical Center, and north of Lake Bellevue.
The seller was Cascade Medical Associates LLC, which had owned the property for decades. It s now home to a half dozen small medical practices.
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Overlake Medical Center , Wig Properties , Cascade Medical Associates , East Bellevue , King County , விக் ப்ராபர்டீஸ் , கிழக்கு பெல்வ்யூ , கிங் கவுண்டி ,

Seattle DJC.com local business news and data - Real Estate - Talon pays $169M for Eastgate office campus

Photo by CollinsWoerman
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If and when Microsoft leaves, the three buildings may get a refresh from the new owner.
The Advanta Edge Campus in East Bellevue has traded for $169 million, according to King County records. The seller was Advanta Bellevue LLC, associated with Shidler Group of Hawaii, which acquired the property in 2018 for nearly $225 million. That deal was for the three Microsoft-leased buildings at 3003 - 3009 160th Ave. S.E. in Eastgate. Last year it emerged that Shidler would sell the buildings, but not the land, with Newmark as its broker.
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Advanta Bellevue , Shidler Group Of Hawaii , Advanta Edge Campus , East Bellevue , King County , Shidler Group , ஷிட்லேற் குழு ஆஃப் ஹவாய் , கிழக்கு பெல்வ்யூ , கிங் கவுண்டி , ஷிட்லேற் குழு ,