The Plaza Buildings

10800 & 10900 NE 8th Street, Bellevue, WA 98008

Property Overview

Located in the central business district of Bellevue, Washington, The Plaza Buildings consist of two Class A office buildings: Plaza Center and U.S. Bank Plaza. Plaza Center is a 16-story office tower containing 345,586 square feet. U.S. Bank Plaza is a 10-story office building with 144,510 rentable square feet. Additionally, the two buildings share a six-level parking structure. Plaza Center and U.S. Bank Plaza are situated on a parcel spanning an entire city block, providing prominent visibility for both buildings. The buildings are located in close proximity to The Bravern, a mixed-use project containing luxury shopping, dining, entertainment and residential units. The buildings are also located one city block from the Bellevue Transit Center Station. Future light rail service is planned to reach downtown Bellevue at the current Bellevue Transit Center site, providing The Plaza Buildings with prime access to this transportation hub.

Investment at a Glance

Location: Bellevue, WA

Property Type: Class A Office

Acquisition Date: January 14, 2014

Purchase Price: $186,500,000

No. of Buildings: 3

No. of Stories: 16 Story Bldg., 10 Story Bldg. and 6-level parking structure

Square Footage: 490,096 SF

Leased Percentage (at the time of Acquisition): 81%

$186,500,000 Total Purchase Price
490,994 square feet Total Rentable Area
Class A Building Class