Bellevue Technology Center
15801-15805 NE 24th St, Bellevue, WA 98008
Bellevue Technology Center (formerly QBE Corporate Campus) is a 326,384-square-foot, nine-building, Class A/B office campus in Bellevue, Washington. The property sits on 46 acres of land, includes a 576-unit underground parking garage and is located half a mile south of Microsoft headquarters.
Bellevue Technology Center draws on its proximity to Microsoft, the aesthetics of its wooded campus and the diverse functionality of its nine different buildings to attract institutional-quality tenants on a triple-net lease basis. The campus is currently in excellent condition with no material capital requirements or deferred maintenance issues.
Investment at a Glance
Location: Bellevue, WA
Property Type: Class A/B office
Acquisition Date: July 31, 2012
Purchase Price: $78,700,000
No. of Buildings: 9
No. of Stories: 4 three-story, 1 two-story and 4 one-story
Square Footage: 326,384 SF
Leased Percentage (at the time of Acquisition): 62%