Real Estate Buzz
 Marc Stiles Real Estate Editor |
Subscriber content preview
March 11, 2010
Real Estate Buzz: Is Schnitzer West selling Advanta?
By MARC STILES
Real Estate Editor
Real Estate Editor
Two industry insiders say Schnitzer West is selling its Advanta Office Commons, the 600,000-square-foot suburban Bellevue campus that is fully leased by Microsoft.
Last week, the Puget Sound Business Journal reported that German-based Commerz Real AG is buying City Center Plaza, the 571,000-square-foot office tower in downtown Bellevue that Microsoft also leases. The current owner, Beacon Capital Partners, declined comment.
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- Real Estate Buzz: New ideas for West Seattle Triangle, 03-04-2010
- Real Estate Buzz -- Apartment sales: After you. No, after you, 02-25-2010
- Real Estate Buzz: Equity Residential: ‘Good time to buy', 02-18-2010
- Real Estate Buzz: Lenders — and tenants — like 'apodments', 02-11-2010
- Real Estate Buzz: Law firm buys Bellevue office complex, 12-31-2009
- Real Estate Buzz: Less development, more buying for Legacy, 12-17-2009
- Real Estate Buzz: Wasatch says condo sales picking up, 12-03-2009
- Real Estate Buzz: Hotel occupancy, rates continue to fall, 11-19-2009