Category Archives: Real Estate

Bellevue Galleria Sells

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The Bellevue Galleria in downtown Bellevue sold to Thor Equities this week for $87.5 million.  The building is comprised of restaurants, shops, office space and parking garage.  Bellevue Galleria was built in 1999 and is 204,000 sf in size.   The Galleria has always been a great staple of Bellevue’s downtown area.  Bellevue continues to expand in the residential realm, so it’s no wonder NYC based Thor Equities wanted their first Northwestern purchase to be in the city of Bellevue.  Check out this Seattle Times article to find more information on the commercial sale.

Kemper Development Wants Bellevue “Helistop”.

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In 1988, Kemper Development built a helicopter landing pad on top of the Bank of American Building in Downtown Bellevue and they may finally get to use it. This week, the Bellevue City Council voted to approve regular use of the pad as long as it adheres to city noise guidelines, according to a Seattle Times article. All flights will have to follow specific routes and helicopters can only fly Mon-Fri, and Sat. The Federal Aviation Administration has no qualms, and the city will give a final decision next week.