Kilroy Realty Corporation purchased the 24-story, 417,000-square-foot office building
at 10900 NE 4th St. in Bellevue, WA from Beacon Capital Partners for $186.99 million, or approximately $450 per square foot.
Designed by TRA Architects and developed by The Prudential Insurance Company in 1983, Skyline Tower is a Class-A office building located in the heart of Seattle’s Bellevue CBD submarket. Its many professional amenities include a fitness center, specialty store and a full-service bank
Skyline Tower is also a LEED Silver certified property and four-time Energy Star recipient. The building is currently 92 percent leased and houses a diverse tenant-mix, including Expedia, Valve Corporation, Clark Nuber PS and Regus.
Jason Flynn of Eastdil Secured LLC represented Beacon Capital in the sale.
For more information on this transaction, please refer to CoStar COMPS #2516482.