Situated along one of the busiest corridors in Seattle’s Bellevue CBD, The Plaza Buildings comprises two Class A office buildings – Plaza Center and US Bank Plaza. The development is well-served by a wide array of retail amenities, dining options and parks. It also enjoys full-block frontage along NE 8th Street, the primary east-west arterial in downtown Bellevue that connects high-density commercial users to Interstate 405.
To meet the needs of high-quality tenants from diverse sectors, both buildings have been extensively refurbished and a new amenity centre comprising a high-end coffee bar, lounge and patio was added in 2021. The buildings also have a LEED Gold certification from the US Green Building Council.
(1) The valuation of The Plaza Buildings takes into account the value of the excess development air rights which may be utilised.
(2) Refers to average submarket office rent.
Source: CoStar Office Report, December 2021.