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March 27, 2019  

Seattle-Area Offices on the Block

Schnitzer West is marketing a pair of low-rise office complexes in Bellevue, Wash., to value-added investors.The 186,000-square-foot portfolio, in the 520 Corridor submarket, is expected to attract bids of $60 million, or $323/sf. Schnitzer West, which is based in Bellevue, will consider bids for the properties separately or as a package. Newmark has the listing.The complexes are 93% occupied, versus a 94.1% average in the submarket. With leases...

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