Admiral Real Estate Company
601 Union Street, 42nd Floor, Seattle WA 98101 | 206-381-2000
Admiral RE | 601 Union Street, 42nd Floor, Seattle WA 98101 | 206-686-7253
Bellevue Towers cuts prices 20%
Posted on October 11, 2009
The developer of Bellevue Towers condo complex announced yesterday a 20 percent average reduction in list prices for available units in its downtown Bellevue project.
The price drop is in response to the state of the real estate market and will be offered to the next 50 buyers who close, said developer Gerding Edlen in a news release. For those buyers, prices range from $349,000 to $3.35 million.
Only 43 of the 539 units have sold since closings began in January in the two-tower project on the corner of 106th Avenue Northeast and Northeast Fourth Street, the developer said.
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