Leasing Expert Discusses the Future of Retail in Downtown Bellevue

Bellevue, WALocal News

Monica Wallace, a leasing expert at Kidder Mathews, provides an in-depth look at the future of retail in Downtown Bellevue, highlighting its evolution into a commercial powerhouse. With her extensive experience, including brokerage for over 30 key projects, she discusses the impact of new light rail access and the influx of larger companies. At the Downtown Talks Breakfast Series, Wallace will moderate a panel of retail experts who will explore changing customer behaviors and the latest trends in commercial leasing. She points out a notable resilience in retail leasing outside mall settings, despite challenges such as high construction costs and reliance on daytime populations. Wallace emphasizes that Downtown Bellevue's excellent transit access enhances its appeal compared to suburban markets.

This event offers a unique opportunity for attendees to engage with influential figures shaping the retail landscape, with insights that could be crucial for understanding the future of retail in this vibrant region. Registration includes networking opportunities and a plated breakfast, making it an attractive option for industry professionals.

Related Articles

Vacancy on Arts Commission

Bellevue City Council seeks applicants to fill a vacancy on the Arts Commission, with a deadline for online applications set for May 23. The commission advises the council on cultural matters and supports local arts programs. The city encourages residents of diverse backgrounds to apply.

Council Roundup Office of Housing makes early progress

The City Council of Bellevue discussed the early progress of the newly established Office of Housing, which aims to enhance affordable housing initiatives. The council also reviewed a proposed 2026 sewer rate increase from King County that could raise rates by 198% over the next 20 years, prompting concerns about affordability for residents. Newly appointed councilmember Vishal Bhargava was sworn in during the meeting.

Bellevue named 2025 Frank Chopp Public Sector Champion by Housing Development Consortium

Bellevue received the 2025 Frank Chopp Public Sector Champion award for its commitment to affordable housing. The city launched an Office of Housing and updated its Comprehensive Plan to facilitate the construction of 35,000 homes over the next 20 years.