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June 19, 2019

Binjiang buys downtown Bellevue development site for $11M

  • The sale comes with a city-approved plan for a seven-story, 102-unit apartment project.
  • By BRIAN MILLER
    Real Estate Editor

    Rendering by Link Design Group [enlarge]
    The mid-rise would be walkable to Bellevue Square and the future Bellevue Downtown light rail station.

    The large Chinese firm Binjiang, aka Hangzhou Binjiang Real Estate Group, has paid almost $11.3 million for a small, old dental office building at 10050 N.E. 10th St. King County recorded the sale on Monday.


     
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