Search
 

Longtime Commercial Broker to Head Downtown Association

BELLEVUE, WA-Office vacancies here are flirting with 25% and there's an eight-story hole in the Downtown core; it's an interesting time to be taking the reigns of the Bellevue Downtown Association.

By Janet Parker | Updated on January 30, 2002

BELLEVUE, WA-As the 2002 chairwoman of the Bellevue Downtown Assn., Suzanne Baugh tells GlobeSt her agenda is “to continue working at the long-term economic viability” of the area, one that has been particularly hard hit by the recession and high-tech hard times.

Last year rolled to a close with downtown Bellevue bandaging its injuries. Economic recession and a high-tech shakeout separated tenants from millions of square feet of offices here. Vacancies had spiked to an unseemly 24.8% by the end of the fourth quarter. And, speaking volumes in its silence was Eugene Horbach’s $100-million Bellevue Technology Tower—stranded by financing after having opened a gaping 8-story wound in the downtown core.

Undaunted, Baugh reminisces that tough times have hit before. “I started leasing in Bellevue in 1987 and was here through those bad years of the early 90′s.” The chairwoman’s career includes time as managing director of leasing for both Wright Runstad & Co. and, most recently, Equity Office Properties Trust. Baugh’s broker desk is now parked at the Bellevue office of Cushman & Wakefield.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.