An accessible, vibrant city located on the shores of Lake Washington, Bellevue is commonly known for a thriving business community and world-class shopping.
Bellevue's an international city. In 1990, the number of residents (over five years old) who speak a language other than English was 13.6 percent. In 2010, the number was 38 percent. The Bellevue School District reported that 99 other first languages were being spoken by children enrolled in the district during the 2015-2016 school year.
Downtown Bellevue has a current workforce of about 46,200. By 2030, that total will be 70,300. Currently, 10,500 people live Downtown; that will be 19,000 by 2030.
Bellevue has one of the lowest office vacancy rates in the region, coming in at 7.3 per cent in Q1, compared with 9.6 percent for all Eastside markets, and 11.4 percent for the Seattle CBD.
Within five minutes of Downtown Bellevue you can be paddling along, enjoying the skyline and looking for great blue heron, otters and turtles.
The World has Always Wanted to be in Bellevue
Once a bedroom community, Bellevue has come of age as an “edge” city, which is why their commercial real estate needs are met by an “edge” firm like Cushman & Wakefield. Bellevue is now home to approximately 70 foreign-owned companies from 15 countries. The vibrancy ranges from start-ups to companies with over 50 rich business years of history. The common thread is an entrepreneurial spirit for a unique market niche and providing extraordinary customer service Bellevue continues to grow jobs, investments and residents, and Cushman & Wakefield continues to be an important part of that growth!
Looking Beyong Bellevue?
Whether your portfolio extends beyond Bellevue, or you simply want to understand how global real estate trends can impact your strategy, we’re here to help. Benefit from market intelligence and insights drawn from Cushman & Wakefield’s 400 global offices in 70 countries.
