JASON FOSS
IN THE NEWS
Real Estate Expert, Jason Foss, Discusses Buying & Selling in Today’s Market
November 16th, 2022
With rising interest rates and declining prices, buyers and sellers alike are wondering if they should make a move in this market.
Bellevue Mayor Officially Welcomes Meta to Spring District
October 13th, 2022
Facebook (Meta) purchased REI’s Bellevue Spring District headquarters for $390 million. The 400,000 square foot campus includes 6-acres of land. REI announced in August 2020 that they were planning to sell their new Bellevue headquarters, and instead, move into multiple satellite locations across the region.
Downtown and Rose Hill: Kirkland’s Corridor of Dense New Development
October 10th, 2022
After Totem Lake, a neighborhood that is experiencing a spree of significant growth, the next notable constellation of new commercial and residential development in Kirkland is occurring around NE 85th Street/Central Way.
Despite Slowdown Worries, 2021 Sets A Townhouse Production Record in Seattle
September 27th, 2022
2021 was a huge year for townhomes, nearly 50% more townhomes completed than any other year.
Bellevue, Seattle rank among top 20 real estate markets in the U.S.
August 31st, 2022
Bellevue and Seattle ranked in the top 20. They have some of the best real estate markets, considering that a for sale house only stays about 40 days on the market before getting sold, they have low foreclosure rates, and a small share of people delinquent on their mortgage debt
Condo Real Estate Expert Discusses Pricing, Interest Rates & Bellevue Projects
August 12th, 2022
learn about Downtown Bellevue’s latest trend in the real estate market.
Not just warehouses: Amazon pulls back on office projects, too
July 15th, 2022
Amazon has paused construction on five office towers in Bellevue, Washington, and will hold off on plans for a sixth.
Scope Out Bellevue’s Skyline of Tomorrow
July 13th, 2022
Buried behind a storm of mammoth projects are yet more potential development proposals in Downtown Bellevue.
Downtown Bellevue Anticipates a Wave of Mega-Projects
July 11th, 2022
For good or ill, these mega-projects will likely define Downtown Bellevue for generations to come.
Construction Begins on 21-Story Office Building in Bellevue
July 5th, 2022
Patrinely Group and Dune Real Estate Partners recently broke ground on their project, Four106.
13 Major Projects in Downtown Bellevue Currently Under Construction
June 6, 2022
There are currently 13 projects under construction, according to the City of Bellevue. We highlighted each new development below.
Schnitzer West Announces Plans for 19-Story Office Tower at Site of Old Rite Aid Location in Bellevue
May 26, 2022
Commercial Real Estate Agency, Schnitzer West, recently announced that they are planning a new development in Downtown Bellevue.
Bellevue Brewing Shares Update on Spring District Location, New Renderings
March 16, 2022
Local brewery, Bellevue Brewing Company, applied for a permit from the City of Bellevue in the summer of 2021.
Developer Says Construction Will Start Next Month at Long-Vacant Pit Across from Seattle City Hall
March 16, 2022
Work could finally begin on the long-vacant site across the street from Seattle City Hall, where economic downturn and political scandal derailed past development plans.
Local Developers Partner to Build Affordable Housing Near Future Light Rail in Bellevue
March 9, 2022
SRM and local non-profit housing developer, DASH, recently announced a partnership to develop a 4.55-acre Bellevue site near the future light rail stop.
Bellevue Closes in as Most Expensive City to Live
in United States
March 7, 2022
According to statistics from Redfin, in January 2022, Bellevue median home prices were up 72.5% compared to last year.
With Help from Microsoft, Half-Built Bellevue Hotel to Become Affordable Housing
March 1, 2022
Creating new affordable units in Bellevue at a variety of income levels is extremely challenging. It requires creative, intentional deals like this one.
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New Renderings Surface of Bellevue Connection on 106th Ave NE
February 24, 2022
New renderings have surfaced of the mixed-use project on 106th Avenue Northeast. Bellevue Connection is currently under construction.
Prosperity Bomb 2.0? Bellevue Passes Manhattan in Housing Prices
February 10, 2022
For years Seattle has been in a high state of angst about the prospect that our fishing village was morphing into the new Manhattan. It turns out once-sleepy Bellevue was sprinting there first.
Half Acre Site in Downtown Bellevue on Main Street Sells for $11M
January 27, 2022
According to King County records, the property that Rudy’s Barbershop currently resides on has been sold. The address is 10713 Main Street in Downtown Bellevue.
Q4 Condo Real Estate Report for Downtown Bellevue
January 26, 2022
We interviewed Jason Foss of the NWG | Compass Team to learn of Downtown Bellevue’s most recent trends in the real estate market.
Condo Real Estate Report for Downtown Bellevue
November 22, 2021
We interviewed Jason Foss of the NWG Team at Compass to learn of Downtown Bellevue’s most recent trends in the real estate market.
Key Details for $500M+ Transit-Oriented Development in Bellevue Approved
November 21, 2021
Sound Transit Board of Directors recently approved key transaction terms with developers to build almost seven acres of transit-oriented development.
Vacant Commercial Space Decreases in Bellevue Business District As Move-Ins Take Place through 2022
November 5, 2021
Rental rates for office space have reportedly increased, and the Eastside is predicted to return to pre-pandemic vacancy by early 2022.
Construction to Begin Next Week on 20-story Bellevue Condo Tower
October 8, 2021
Developer Create World Real Estate Inc. will host a groundbreaking ceremony for the 20-story Mari at 10232 NE 10th St. It will have 138 residences & commercial space.
Bosa Development Purchases 3.3 Acre Site in Downtown Bellevue for $127.5M
October 6, 2021
According to King County records, internationally recognized developer, Bosa Development, purchased a 3.3. acre site in downtown Bellevue.
Luxury Condo Tower on Bellevue Way, One88, Officially Sold Out
August 18, 2021
Bosa Development, recently announced that they have sold out of their luxury residential tower, One88.
Residential Tower Planned Near Bellevue Downtown Park
August 17, 2021
Design review is under way for a new condo project on the corner of Bellevue Way Northeast and Northeast 2nd Street.
$8M Bellevue, Washington Penthouse Breaks All-Time Pacific Northwest Condo Sale Record
August 16, 2021
Bellevue real estate has just recorded a record-breaking sale, with a three-bedroom condo in the Avenue Bellevue towers selling for $8.004 million.
Condo Real Estate Report for Downtown Bellevue
August 9, 2021
We interviewed Jason Foss of the NWG Team at Compass to learn of Downtown Bellevue’s most recent trends in the real estate market.
The Emerald Reaches 50% Sold
August 6, 2021
On the heels of reaching the significant sales milestone of over 50 percent sold at The Emerald comes the news that downtown Seattle’s population has rebounded.
Nine-Story Office Building Proposed in Bellevue’s Spring District
August 6, 2021
According to City of Bellevue records, an application for Design Review and Variance approvals have been submitted for Block 13 of the Spring District.
Bosa Development Sells Former Site of Sushi Maru in Bellevue for $14.6M
August 3, 2021
According to King County records, the site that used to be Sushi Maru was recently sold for $14.6 million with Bosa Development as the seller.
Newmark Completes $32.5M Sale of Bellevue Development Site on 108th Ave NE
July 30, 2021
Newmark announced that it has arranged the $32.5 million sale of the 34,335 square-foot development site at 305 108th Avenue Northeast.
Vulcan Purchases MultiFamily Development Site in Bellevue for $17.9M
July 27, 2021
Vulcan, on July 23rd, the real estate company purchased a 1.4 acre development site at 1600 132nd Ave NE.
Massive High-Rise Development Proposed in Bellevue Receives Design Review Approval
July 26, 2021
The largest proposed high-rise development in Bellevue, Cloudvue, recently received Design Review approval for the first phase of the project.
A Robot Will Fetch Owners’ Cars Under This Seattle Condo Tower
July 20, 2021
Spire Condominiums will use an automation parking system to eliminate space-hogging ramps and driving lanes.
Facebook Expands Footprint in Bellevue’s Spring District with Fourth Building Lease
July 8, 2021
Facebook has signed a pre-lease for its planned 330,000 square foot Block 5 project in the Spring District.
43rd Story Bellevue Towers Penthouse Lists for $17.98M
June 27, 2021
The condominium penthouse on the 43rd floor at Bellevue Towers was recently listed for $17.98 million. The home is 6,397 square feet, and comes fully furnished.
Schnitzer West Breaks Ground on 25-Story Office Tower in Bellevue on 106th Ave
June 26, 2021
Schnitzer West LLC recently broke ground on their new office tower, Artise.
Plans for Mixed-Use Project Announced at Previous Bellevue Toys ‘R Us Location
June 10, 2021
Hines, Benenson Capital Partners, and USAA Real Estate Partner recently announced that they were planning a new mixed-use project in Downtown Bellevue.
Proposed 21-Story Office Tower on 106th Receives Design Approval for Phase One
May 31, 2021
A Master Development Plan application was submitted to the City of Bellevue to replace 3 existing office buildings with an office tower and office building.
Amazon Reveals Design Plans for Second Skyscraper as Part of Major Campus Project in Bellevue
April 2, 2021
Amazon has revealed its proposed design for a second office tower as part of its Bellevue 600 project.
Construction on Amazon's Bellevue Office Building Begins as Company Expands Presence on Eastside
March 31, 2021
Construction is officially underway for Amazon's sleek new Bellevue 600 office building as the company expands its footprint on the Eastside.
34-Story Luxury Condo Project on 108th Ave Receives Design Review Approval
March 11, 2021
The condominium tower is called “ParqHouse” and is located at 305 108th Avenue Northeast.
Amazon Leases Another Bellevue Office Tower as it Makes Room for Planned 25k Employees in City
March 9, 2021
Amazon is making room for some of the 25,000 employees it plans to add in Bellevue, Wash.
7-Tower Major Mixed-Use Development in Bellevue Submitted for Design Review
March 7, 2021
7-Tower Major Mixed-Use Development in Bellevue Submitted for Design Review
The Penthouse Atop the Smith Tower is For Rent For The First Time
February 26, 2021
The penthouse atop Smith Tower is on the rental market for the first time.
Downtowns Will Be Back, But Seattle Has Some Choices to Make
February 26, 2021
The two are intertwined, yet also separate because of some distinctive Seattle challenges.
Bosa Development’s 21-Story Residential Tower on 105th Ave Receives Design Approval
January 29, 2021
Bosa Development's plans for a 21-story tower in Downtown Bellevue have received design approval. The address is 205 105th Avenue Northeast.
Breaking Down Barriers to Small Condominium Construction
January 25, 2021
Washington REALTORS® (WR) has made the improvement of condominium construction financing a top priority in 2021.
For Sale: $6 Million Whidbey Island Compound Stocked to Withstand a Pandemic
November 21, 2020
For $6 million, one wealthy home shopper can buy some pandemic peace of mind in the form of a decked-out survival compound on a Whidbey Island bluff.
Google Keeps Growing in Seattle Area, Agrees to Buy Nearly 10 Acres at a Car Dealership Site in Kirkland
November 19, 2020
Google’s footprint in Seattle just keeps on growing.
Investment Giant Buys Office Building in Bellevue’s Spring District for $365 million
October 30, 2020
Brookfield Asset Management has closed on a deal to purchase an 11-floor office building in Bellevue’s Spring District.
Covid-19 Has Created a Condo Conundrum in Downtown Seattle
September 14, 2020
For months now, Seattle home shoppers have had to weather an unrelenting seller’s market.
Facebook Purchases REI’s Bellevue Spring District Headquarters for $390M
September 14, 2020
REI Co-op announced that it has completed the sale of its Spring District property, for a purchase price of $390 million.
Amazon to Grow Bellevue Presence to 25,000 Employees in a Few Years
September 4, 2020
Amazon outlined a plan Friday to accommodate 25,000 employees in Bellevue by 2025, the same number it’s expected to employ at its second headquarters in Virginia by 2030.
A Novel Building Material Gets a Big Washington State Test Run
August 28, 2020
Spokane is now home to Washington’s first-ever office building constructed from a novel alternative to concrete and steel.
Google Buys More Land in Kirkland as its Seattle-area Workforce Nears 6,000 Employees
August 24, 2020
Google continues to grow its Seattle-area footprint despite the ongoing pandemic.
New 6-story Mixed-Use Development on 109th, GIS Plaza, Breaks Ground
August 3, 2020
GIS Plaza, the mixed-use six-story development in Downtown Bellevue, recently broke ground.
21-Story Condo Building Proposed on Bellevue Way Next to Bellevue Park
February 9, 2020
Bosa Development recently submitted a preapplication, which comes before a submittal of a land use review, to the City of Bellevue.
