A prominent downtown Bellevue office building has been listed for sale as activity in the Eastside office sector shows signs of improvement. Bellevue Plaza East, a nine-story, 158,000-square-foot office building at 11100 NE Eighth St., has been listed for sale.
The property is owned by CLPF Bellevue Office LLC, with the offering managed by Clarion Partners. The building is currently 86% leased, housing major tenants including Apptio and Charles Schwab.
Over the past six years, the owners have invested more than $11 million in capital improvements, about $71 per square foot, covering both base building upgrades and cosmetic renovations. These enhancements include a redesigned lobby, a new fitness center, and upgraded outdoor plaza space…