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Skanska Acquires Suburban Seattle Site To Expand Office Development Plans

Developer Purchases Property Neighboring Project Underway in Bellevue
Skanska has expanded its holdings in Bellevue, Washington, with the purchase of a 0.64-acre development site. (John Othic/CoStar)
Skanska has expanded its holdings in Bellevue, Washington, with the purchase of a 0.64-acre development site. (John Othic/CoStar)
CoStar News
April 28, 2022 | 11:05 P.M.

International developer Skanska has expanded its position in Seattle’s emerging eastern tech hub with the purchase of a Bellevue development site adjacent to a large office project it has underway, another sign of confidence in an office market seeking to shake off the effects of the pandemic.

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