Subscriber content preview
Joe Nabbefeld
Real Estate Editor
|
March 27, 2003
Real Estate Buzz: Empty $20M office building sells for $5M
By JOE NABBEFELD
Real Estate Editor
A local investor will take ownership of the empty I-90 Corporate Plaza in Bellevue today after placing a high bid of $4.95 million in an auction held by Zions First National Bank.
The 73,801-square-foot office building is one of the area's monuments to the dot-com bust. The roughly $20 million structure has stood empty and bleeding money since construction finished two years ago, after the dot-com bubble burst.
. . .
Previous columns:
- Real Estate Buzz: Barker replaces Cyburt at Boeing Realty, 03-20-2003
- Real Estate Buzz: Florist roots itself in South Lake Union, 03-13-2003
- Real Estate Buzz: Bird? Plane? No, it's Tom Bernard's balloon, 02-27-2003
- Real Estate Buzz: More Salt Lake bankruptcies for Horbach, 02-20-2003
- Real Estate Buzz: After 10 years at sea, here's a real challenge, 02-13-2003
- Real Estate Buzz: WaMu-SAM tower up for a MUP, 02-06-2003
- Real Estate Buzz: Vulcan hits its stride in South Lake Union, 01-30-2003
- Real Estate Buzz: Panattoni may lure Simmons to Sumner, 01-23-2003
