BELLEVUE, WA-KBS Strategic Opportunity REIT, a public non-traded real estate investment trust based in Newport Beach, CA, says it has signed three tenants to leases totaling 30,352 square-feet at its Bellevue Technology Center in Bellevue. Advanced Micro Devices signed a 15,127-square-foot renewal, SUHRCO signed a 9,500-square-foot renewal, and Groninger & Co., agreed to a new 5,725-square foot lease at the property.

The 326,384-square-foot Bellevue Technology Center is a master-planned, 46-acre office park in the eastside submarket of the Puget Sound region. The centrally located property offers convenient access to both Bellevue and Redmond with direct access to SR-520. On-site amenities include a fitness center, volleyball court and conference and meeting rooms.

The recent activity follows leases signed earlier this year with Trane U.S., Inc., and ARRYVE for 34,434 square-feet and 9,641 square-feet, respectively.

KBS and affiliated companies own three other properties in the Seattle-Tacoma market: the eight-story, 1907-built Central Building in Seattle's Central Business District; Ridgewood Corporate Square, a seven-building, 240,948 -square-foot office park in Bellevue; and the six-building, 205,298-square-foot North Creek Parkway Center in Bothell. KBS Strategic Opportunity REIT does not own an interest in the Ridgewood and North Creek buildings.

 

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.