JASON FOSS

102919_027_web.jpg

IN THE NEWS

Screen Shot 2022-11-16 at 11.47.06 AM.png

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.

Screen Shot 2022-11-03 at 3.30.51 PM.png

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.

Screen Shot 2022-11-03 at 3.38.03 PM.png

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.

Screen Shot 2022-11-03 at 3.29.19 PM.png

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.

Screen Shot 2022-11-03 at 3.25.33 PM.png

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 

Screen Shot 2022-11-03 at 3.18.10 PM.png

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.

article 4 .jpeg

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.

Screen Shot 2022-07-22 at 10.43.48 AM.png

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.

article 5 .jpeg

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.

article 3.jpeg

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.

Article 2.jpeg

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.

article 1.jpeg

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. 

Screen-Shot-2022-03-12-at-2.38.26-PM.png

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. 

Screen Shot 2022-03-21 at 7.25.59 AM.png

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.

Screen-Shot-2022-03-06-at-11.44.35-PM.png

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. 

unnamed.jpeg

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. 

conorhansen-clean_750xx1244-700-660-276.jpeg

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.

Screen-Shot-2022-02-23-at-1.51.17-PM (1).png

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.

02092022_bellevue_141923.webp

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.

CwLe1b9J_400x400.png

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.

wYfL3XhE.jpeg

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.

Screen-Shot-2021-11-21-at-12.55.16-PM.png

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.

key500.jpeg

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.

RemoteMediaFile_6553893_0_2021_06_12_13_01_04.jpeg

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.

Screen Shot 2021-12-03 at 9.50.37 AM.png

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.

34f234f234f234f.jpeg

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. 

Screen-Shot-2021-08-17-at-2.26.40-PM.png

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. 

Screen-Shot-2021-08-17-at-2.27.40-PM.png

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.

1200x0.jpeg

$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.

1016.jpeg

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.

Emerald.jpeg

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. 

news12.png

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.

news11.jpeg

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.

news10.jpeg

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.

news8.jpeg

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.

new7.png

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.

news7.jpeg

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.

new6.png

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. 

news5.jpeg

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. 

news4.jpeg

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.

news3.png

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. 

news2.png

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.

news1.jpeg

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.

sdfsdfsdfsdf.jpeg

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. 

kajsndfjinqsdjifnasdf.png

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.

sdasdasdasd.jpeg

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.

jansdijasdiojasnd.png

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

6039b43aafb57.hires.jpg

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.

02252021_1_075310-780x503.jpeg

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.

asdasdasdasd.jpeg

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.

aesqdfasdfasd.png

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.

adsfasdf.jpeg

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.

adsfasdfd.jpeg

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.

123r13f134f.jpg

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.

Screen Shot 2021-03-26 at 3.32.35 PM.png

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.

mmmmm.png

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.

fasdfawdfasdf.jpeg

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.

wqeqweqweqwe.jpeg

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.

113241234123.png

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.

123.jpeg

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. 

12312312.jpeg

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.

13241234.png

The Real HQ2: Amazon Adding 10k More Jobs in Bellevue, Growing Further Beyond Downtown Seattle

September 4, 2020

The city of Bellevue, Wash., is looking more and more like Amazon’s actual second headquarters location.