Bellevue Technology Center

15805 NE 24th Street  |  Bellevue, King County, Washington

Located in the office oasis of Bellevue, BTC flaunts expansive green space with views of downtown and the Olympic Mountains. Over the last five years, the campus has undergone a series of capital improvements including the addition of a Peloton cardio studio, a multi-function tenant lounge, micro-market, conference room and new parking stalls.

Being situated close to Microsoft Corporation’s headquarters benefits the property as Microsoft’s continued growth could result in an increase in vendors and contractors who work with the software company, driving demand for space at properties nearby.

Key Statistics

US$144M Valuation as of 31 December 2019(1)
330,508 SF Net Lettable Area
98.6% Committed Occupancy as of 31 December 2019(1)
6.2% Previous 12 Month Rental Growth(2)
4.2% Projected Rental Growth(2)
FREEHOLD Land Tenure

(1) The valuation of Bellevue Technology Center 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, as of 10 January 2020.