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Wallace Properties Eyes 1MM SQFT Medical Office Campus Redevelopment in Bellevue

Summary by The Registry
With a third parcel now in play alongside its existing 1970s-era medical buildings at 1407 and 1417 116th Ave. N.E., Wallace Properties is exploring a campus redevelopment of up to 1 million square feet in Bellevue’s Wilburton corridor — arriving just as the neighborhood’s landmark 2025 land use rezone and the opening of East Link’s Wilburton Station have made the site one of the most transit-connected medical office locations on the Eastside. W…
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The Registry broke the news on Tuesday, June 30, 2026.
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