Situated along one of the busiest corridors in the Bellevue CBD in Seattle, The Plaza Buildings consists of two Class A office buildings – Plaza Center and US Bank Plaza, which are surrounded by an array of retail amenities, dining options and parks.
Both buildings have been extensively refurbished to meet the needs of modern and premier tenants from diverse sectors. The property 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. The Plaza Buildings has obtained the Leadership in Energy and Environmental Design (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, July 2020.