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Seattle DJC.com local business news and data - Real Estate - Facebook-leased building at Spring District fetches $200M - Vimarsana News

Seattle DJC.com local business news and data - Real Estate - Facebook-leased building at Spring District fetches $200M

Rendering by Studio 216 [enlarge] Facebook’s Block 24 is in the foreground, with its Block 16 north across the street. This view looks northwest along 124th Avenue Northeast. Already leased to Facebook, Block 24 in East Bellevue's Spring District is nearing completion on its interiors and not yet occupied. Yet developer Wright Runstad and partners have already sold it, empty, to a fund associated with Brookfield Asset Management. The company announced the $200 million deal yesterday; King County hadn't yet recorded the sale before deadline Wednesday.  

Source: djc.com
Bellevue deputy mayor says city is 'poised to really take off' in coming years - Vimarsana News

Bellevue deputy mayor says city is 'poised to really take off' in coming years

During Tuesday’s state of the city address, Deputy Mayor Jared Nieuwenhuis said most of Bellevue’s available office space is leased, and the economy should only get better with Amazon and Facebook both planning major expansions. “We’ve got nine million square feet of office space, and 90% of it is already pre-leased,” he said. The Bellevue 600 site now under construction will feature two office buildings for Amazon with a capacity of more than 7,000 employees. The expansion in Bellevue is part of Amazon’s effort to eventually bring 25,000 jobs to the area, and they’re not the on...

New Operations and Maintenance Facility completed in Bellevue, Washington - Vimarsana News

New Operations and Maintenance Facility completed in Bellevue, Washington

A new light rail base, the Operations and Maintenance Facility East, has been constructed in Bellevue, Washington. Sound Transit, the company that constructed the new facility will open it soon.

Seattle DJC.com local business news and data - Construction - Brewpub & Tract K Garage - Vimarsana News

Seattle DJC.com local business news and data - Construction - Brewpub & Tract K Garage

Photos by Dean Wallace [enlarge] Located at the heart of Bellevue’s Spring District, the 29,500-square-foot, three-story structural steel retail and office building has 19,000 square feet of second and third floor office space, and 10,500 square feet of first floor retail space designed for a brewpub/restaurant tenant.  

Source: djc.com
Colorado's plunging student enrollment stokes fears - Vimarsana News

Colorado's plunging student enrollment stokes fears

Seventh-grader Garin Huxman cleans out his locker on May 19, 2020, at North Middle School in Colorado Springs, Colo. Students at the District 11 school were allowed to return to school this week to clean out their lockers and collect their belongings left at the school after it was closed March 13 because of the COVID-19 pandemic. The students were escorted into the school by a staff member, no more than 10 at a time, and the building crew disinfected the lockers immediately afterward. Christian Murdock, The Gazette file