Bellevue Technology Center comprises nine office buildings strategically located in Seattle’s Eastside office market. Spanning 46 wooded acres of land, the campus is conveniently located a short distance from Microsoft’s headquarters, making it an advantageous business address for companies in related sectors.
The campus offers a wide range of amenities, such as a tech-focused fitness studio, media and meeting rooms, kombucha on tap and a fireplace-equipped indoor/outdoor lounge for tenants to utilise all year round. The campus is also well-connected to the Interstate Route 520, providing transit options for commuting across the greater Seattle region.
Key Statistics
US$140.6M Valuation as of 31 December 2023(1)
334,363 SF Net Lettable Area
90.7% Committed Occupancy as of 31 December 2023
-1.0% Previous 12 Month Rental Growth(2)
-7.1% Projected Rental Growth(2)
Freehold Land Tenure
(1) The valuation of Bellevue Technology Center takes into account the value of the excess parcels which may be developed as the property has unutilised plot ratio.
(2) Refers to average submarket office rent.
Source: CoStar Office Report, December 2023.
