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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