Gaw Capital Acquires 52-Acre Bellefield Office Park in Bellevue - Connect CRE

Gaw Capital Acquires 52-Acre Bellefield Office Park in Bellevue - Connect CRE

Gaw Capital has acquired the 52-acre Bellefield Office Park in Bellevue through a deed-in-lieu of foreclosure. The Hong Kong-based private equity firm is also the owner of Seattle’s 76-story Columbia Center and the company purchased the low-rise office campus in a lender-driven sale initiated by Bank of America, reported the Puget Sound Business Journal. The 15-building, 550,000-square-foot campus sits just south of downtown Bellevue and was dev…

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Gaw Capital Acquires Bellevue’s Bellefield Office Park for $87.5MM in Deed-in-Lieu Transaction - The Registry

Hong Kong-based investor secures 550,000 square foot Bellevue campus through foreclosure sale, adding to several Eastside office transactions Gaw Capital Partners completed the acquisition of Bellefield Office Park in Bellevue for $87.5 million through a deed-in-lieu of foreclosure transaction that closed June 25, according to public records and industry sources, capping a remarkable month of major office investment activity in the Eastside mark…