Bellevue Business Park

Project details

  • SALE AMOUNT: $28,000,000
  • SALE DATE: DECEMBER 2019
  • BUILDING SIZE: 63,184 SF
  • LAND AREA: 3.79 ACRES

1940 – 2100 124th Avenue NE
Bellevue, WA

This Gateway to The Spring District provides access to more than $15 Billion dollars of commercial, multi-family and infrastructure development within a 2-mile radius of the buildings, including:
– Microsoft’s $5 billion campus renovation
– The Spring District development
– Esterra Park master-planned development
– Sound Transit Light Rail and stations
– Possibility of more than 4.5 million SF office space for Amazon in downtown Bellevue, along with as many as 25,000 employees.
– Multiple apartment and condo projects throughout Bellevue (See Bellevue project list)

In the short term, the buildings should provide a risk-free return on capital with steadily increasing rents, while the long-term outlook provides for tremendous development surrounding the Park with an opportunity to further your position through the “Bel-Red Look Back” – where the City reviews the Bel-Red subarea plan and land use code to determine if they are meeting their desired outcomes.

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