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Real Estate Buzz


“Nabbefeld”
Joe Nabbefeld
Real Estate Editor

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March 27, 2003

Real Estate Buzz: Empty $20M office building sells for $5M

By JOE NABBEFELD
Real Estate Editor

A local investor will take ownership of the empty I-90 Corporate Plaza in Bellevue today after placing a high bid of $4.95 million in an auction held by Zions First National Bank.

The 73,801-square-foot office building is one of the area's monuments to the dot-com bust. The roughly $20 million structure has stood empty and bleeding money since construction finished two years ago, after the dot-com bubble burst.


 
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