Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Seattle & Northwest  + Seattle  + Office  | 
Beam Reach Partners Unveils KANON Office Development in Downtown Bellevue

Beam Reach Unveils Office Development in Downtown Bellevue

Beam Reach Partners has unveiled KANON, a proposed 740,000-square-foot, two-tower, 16-story office development in Bellevue, WA. The project, which is located just steps away from the new Downtown light rail stop, is expected to break ground late in 2023 for a mid-2026 delivery.

“We are excited to introduce this thoughtfully designed project that will be a unique offering to the market,” said John Lewis, Co-Founder of Beam Reach Partners. “With an abundance of green space and floor plates that are optimized for tech users post-COVID space needs, KANON will be an attractive option.”

Beam Reach Partners has agreed to ground lease the site from Wallace Properties, saying they are grateful for the relationship. The Gensler-designed development will include extensive decks and terraces, as well as several “superfloors” featuring oversized outdoor space and programming.

Newmark’s Jesse Ottele and Brendan Soelling have been assigned to lease KANON. “With beautifully designed spaces, premier amenities and downtown Bellevue location, we are confident this project will generate strong tenant interest,” said Ottele.

Pictured: KANON rendering

Connect

Inside The Story

Beam Reach PartnersWallace PropertiesJesse Ottele

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Development