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Amazon Effect: Sale of Nearby Office Tower in Bellevue, Washington, Boosts Value Almost 30%

The $143.2 Million Deal Still Below Average for Surging Property Near New E-Commerce Giant
Unico Properties now has four Bellevue properties in its portfolio with the addition of 110 Atrium, a seven-story office building on downtown Bellevue's east side. (CoStar)
Unico Properties now has four Bellevue properties in its portfolio with the addition of 110 Atrium, a seven-story office building on downtown Bellevue's east side. (CoStar)
By Clare Kennedy
CoStar News
September 2, 2021 | 10:16 P.M.

The 110 Atrium building just east of downtown Bellevue has sold once again, its third trade in five years. The value keeps surging, thanks partly to its location in a neighborhood shared by offices of e-commerce giant Amazon.

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