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Amazon-Leased Office Tower in Bellevue Listed for Sale
An office building in downtown Bellevue leased by Amazon has been officially listed for sale.
Located at 85 106th Avenue, the 364,868-square-foot Tower 1 at West Main is being marketed for an undisclosed price. Its assessed value is $140.89 million, according to the Puget Sound Business Journal. The property is being represented by Newmark.
Tower 1 is part of West Main, a roughly 1.03-million-square-foot, three-building office and retail project developed by Vulcan Real Estate. The complex includes two 17-story towers and one 16-story tower, as well as 34,000 square feet of ground-level retail space.
The building is fully leased to Amazon as a hub for Amazon Web Services operations. West Main is part of Amazon’s long-term real estate strategy in Bellevue, where the company aims to grow to 25,000 employees in the coming years. The retail giant allowed its lease at the Metropolitan Park North building in Seattle to expire last year as part of its shift toward expanding its presence in Bellevue.
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