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In the first half of the year, Skanska purchased a 77,000 square-foot land parcel at the corner of 108th Avenue NE and NE 8th Street in downtown Bellevue with plans to develop a class-A office property.
Hospitals and medical providers seek to place offices in neighborhoods and suburban areas, closer to where people live and work, in order to reduce costs and appeal to patients seeking medical care.
Investcorp, which is headquartered in Bahrain and has offices in New York City, says the deal involves the firm's second real estate investment in Germany.