The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 27, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Bellevue, WA Office Building Trades for $558/sf in Sale/Leaseback

11/01/23

First Citizens Bank has acquired a 33.2k sf office building Bellevue, WA in an $18.5 mil sale/leaseback deal. The building was sold by The Pacific Cataract and Laser Institute, which will lease back 15.5k sf of space on the first floor.

The Class A building, located at 2606 116th Avenue Northwest, traded for $558/sf, which marks the second-highest office sale price on the Eastside for all of 2023, according to CoStar.

The property is situated in a prime location just north of the Bel-Red Corridor, between the 405 and 520 freeways. It is minutes from numerous popular retail attractions, Downtown Bellevue, and the new Spring District.

Jeff Chaney with Kidder Mathews represented Pacific Cataract, which purchased the asset in 2017 for $13.5 mil.





Return to the Archive page


 
 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media