The Menlo Park, Calif.-based real estate development and management company paid $15.9 million for several parcels is located on the south side of Northeast Eighth Street, between 108th Avenue Northeast and 110th Avenue Northeast. They were owned largely by the Griffin family, who at one time operated Griffin College on the site.

Richard Leider, Spieker's Bellevue-based vice president, is declining to give specifics prior to a formal announcement scheduled for next week. Documents submitted to the city for design review show a 24-story office building with 565,191 sf of office space and 11,549 sf of retail.

As planned, the building would be the largest office tower on the Eastside in terms of square-footage, although not the tallest. City Center Bellevue, two blocks south on 108th Avenue Northeast, and Lincoln Square, under construction two blocks west on Northeast Eighth Street, are both 27 stories high.