Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Seattle & Northwest  + Seattle  + Office  | 
Pulte Homes Acquires BelRed Multifamily Site, Newmark Brokers Deal

Skanska Purchases Bellevue Land Parcel; Will Build Boutique Office Building

Skanska has announced the acquisition of a 41,000-square-foot land parcel in downtown Bellevue, WA that will be the site of a new office property focused on sustainability. The boutique building will offer 150,000 square feet of office space and will be situated very near Skanska’s current project, The Eight. 

“Being able to invest in the same block as our project, The Eight, makes this land acquisition even more exciting”, said Skanska’s Murphy McCullough in a news release, adding, “We look forward to furthering our investment into downtown Bellevue and creating an inspiring space that is highly sustainable and highlights our commitment to the community and environment.” 

The parcel is very close to major employers including Amazon and Microsoft’s Bellevue campuses as well as Symetra and Concur. The location is also commuter friendly and in close proximity to several shopping and retail destinations. 


Inside The Story


About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition