City Center East (Bellevue)

City Center East, also known as City Center Plaza, is a high-rise office building in Bellevue, Washington, US. The 26-story, 360-foot (110 m) tower was completed in 2009 and entirely leased by Microsoft until 2023.[3][4] Microsoft's Bing development team as well as many AI teams were headquartered there. It is located adjacent to the Bellevue Transit Center and its sister building, City Center Bellevue, which was completed in 1986.[1][2]

City Center East
Map
General information
TypeOffice building
Architectural styleModernist
Location555 110th Avenue NE
Bellevue, Washington, US
Coordinates47°36′54″N 122°11′39″W / 47.61500°N 122.19417°W / 47.61500; -122.19417
Construction started2006
Completed2009
Height360 ft (110 m)
Technical details
Floor count26
Floor area583,000 sq ft (54,200 m2)
Design and construction
Architect(s)Zimmer Gunsul Frasca Partnership
Other information
Parking1,145 stalls
References
[1][2]

The building was originally proposed as a 34-story, 450-foot (140 m) office tower prior to its downsizing in 2005.[1][2] City Center East was originally owned by Beacon Capital Partners before it was sold to Cole Real Estate Investments for $310 million in 2010.[5][6] It was sold again to CommonWealth Partners in 2012, for $347.7 million, a 21 percent increase.[7]

References edit

  1. ^ a b c "City Center East". Emporis. Archived from the original on February 2, 2018.
  2. ^ a b c "City Center Plaza, Tower II, Downtown, Bellevue, WA". Pacific Coast Architecture Database. Retrieved January 31, 2018.
  3. ^ Pryne, Eric (May 2, 2008). "Microsoft to lease Bellevue's City Center Plaza". The Seattle Times. p. A1. Retrieved January 31, 2018.
  4. ^ Halverson, Alex (January 13, 2023). "Microsoft to let City Center Plaza lease expire, dealing another blow to Bellevue office market". Puget Sound Business Journal. Retrieved July 21, 2023.
  5. ^ "Cole Real Estate Investments Acquires Microsoft Bing HQ in One of the Largest Real Estate Transactions of 2010" (Press release). Cole Real Estate Investments. July 12, 2010. Retrieved January 31, 2018 – via BusinessWire.
  6. ^ Stiles, Marc (May 14, 2010). "REIT from Phoenix is buying City Center Plaza for $310M". Seattle Daily Journal of Commerce. Retrieved January 31, 2018.
  7. ^ Stiles, Marc (November 5, 2012). "Microsoft Bing HQ in downtown Bellevue sells for 21% more than two years ago". Puget Sound Business Journal. Retrieved January 31, 2018.