Leasing
Summer 2011
Crossroads in Bellevue, Washington is a 40-acre
shopping center with approximately 85 stores
including: an international food court with
approximately 27 restaurants, a performance
stage, farmers market, community garden,
public library, “mini” city hall with translation
services, rides for children, and eclectic public
art pieces throughout.
The powerful combination of value stores—
coupled with over 3,500 event listings on the
Crossroads calendar each year—gives Crossroads
its unique personality and makes it the dynamic
community center of Bellevue’s Eastside.
Crossroads is the area’s defining project.
P R O J E C T C O N C E P T
When Sher Partners predecessor, Terranomics Development,
acquired Crossroads in 1985, the center had failed as a
traditional shopping center. However, the trade area
was strong and the property well located. Sher Partners
developed a strategy to transform Crossroads into a
unique community-serving facility like no other.
Guided by our community-building principles and instincts,
we created a vibrant center of activity for the east side of
Bellevue, redeveloping, remerchandising and repositioning
the center to make it the exciting place it is today.
Current Leasing Opportunities
1,500 – 15,000
SF
C O N T A C T
Bernie Gordon / Steve Gordon
t: 206.275.4119
f: 206.230.9171
e: [email protected]
www.gordonrealestate.net
P R O J E C T C O N C E P T
C O N T I N U E D
Crossroads and the surrounding neighborhood have evolved
over the past 20 years. We have upgraded and expanded
Crossroads, which now covers almost 500,000 square feet.
(Another well-known local Eastside business employing over
30,000 people —Microsoft—continues to expand its world
headquarters on the same street.) In the process, we’ve
created a fresh new image for Crossroads as the energetic
heart and focal point for east Bellevue’s dynamic population.
Crossroads has all of the excitement and none of the hassle
of the downtown retail core. Crossroads attracts national
attention for its successful mix of neighborhood retail, value
retail, engaging family entertainment and community-serving
amenities (satellite City Hall, public library, police station),
the 8-screen cinema, and international eateries.
The center and managing partner, Ron Sher, have received
numerous accolades and recognition in both west coast
and national publications.
“
Sher is the Bellevue
developer and visionary
who brought two failing
suburban shopping
centers back to life—
not just as temples
of commerce but as
gathering places where
people come to spend
time as well as money.”
Eric
Pryne
A E R I A L
Located less than 3 miles from downtown Bellevue
and 12 miles from downtown Seattle, Crossroads is
the community hub serving an immediate population
of 83,000 and over 215,000 people within 5 miles.
S I T E P L A N
S I T E P L A N
F O R L E A S E
T H E C O N C E P T
Regional value.
Unique retail.
Eclectic ethnic restaurants.
Engaging community entertainment.
S I T E P L A N
C U R R E N T O P P O R T U N I T I E S
6
VERIZ
ON
OLD NAVY
COMING SPRING 2011
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LOCK
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USTER
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IDEO
STONE
GARDENS
CLIMBING
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DRESSBARN
WOMAN
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ANK
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Crossroads
Bar & Grill
CF Kids
MO
& Washington
State Lottery
E-4
$'7
$'7
$'7
$'7
$'7
$'7
FARMERS
MARKET
C-1
K-16
K-7
K-3
F-15
K-15
CR
0
1
C-2
C-3
FOR LEASE
1,500 – 5,500 sf
FOR LEASE
1,500 sf
FOR LEASE
3,500 – 15,000 sf
FOR LEASE
1,500 – 8,900 sf
41
42
10
6
7
11
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Restaurants in the Public Market
C U R R E N T
O P P O R T U N I T I E S
Crossroads Aerial
4
Pier 1 Imports
3,100
5
US Bank
8,600
6
Cinema sign
3,600
1
Recliner Land
4,900
2
NE 8th
7,130
3
Barnes & Noble
4,000
Leasing is more than
just filling a space …
Publicly displayed art
is integral to the
Crossroads environment.
I M A G E G A L L E R Y
C O N T I N U E D
The Stage, game areas
and Farmers Market create
an exciting backdrop that
is unique, engaging and
functional.
I M A G E G A L L E R Y
C O N T I N U E D
Community—the P-Patch garden
is just an example. In 2009, we
provided 42 pesticide-free plots
that are open to the public
I M A G E G A L L E R Y
C O N T I N U E D
Crossroads offers an eclectic
mix of vibrant shops, specialty
restaurants and integral services
central to the needs of the
community.
…(Sher) recast the mall as a public space,
leveraging the ethnic melting pot that East
Bellevue had become and turning a seeming
liability into an asset.”
Guilbert, Julia. “Suburban Soul Man.”
Seattle
Metropolitan Magazine
. 02/09
P U B L I C R E L A T I O N S
WHEN AUSTRIAN-AMERICAN architect
Victor Gruen conceived the first post
World War-II shopping centers, he once
told columnist Neal Peirce, he envisioned
them as becoming roofed town centers, not
“selling machines.” He later disavowed
most of the 45,000 commercial malls in
the United States, but, Peirce wrote, “One
would like to bring Victor Gruen back
to life for just a day and take him out to
Crossroads Mall.”
Dietrich, William. “Community Developer,”
Seattle
Times, Pacific Northwest Magazine.
11/06/03
…Crossroads in Bellevue, where
the art pieces are sprinkled around
caught my eye. … I was impressed
with the variety of international cuisine
in the food court.
Campanario, Gabriel. “Good art and food
intersect at Bellevue’s Crossroads Shopping
Center,”
Seattle Times.
1/11/10
C R O S S R O A D S & R O N S H E R
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Sher actively encouraged people to use the
mall for noncommercial activities, organized
and ad hoc. … All this activity has helped bring
business to tenants that now include Michael’s,
Old Navy, and Bed Bath and Beyond. Equally
important for Sher, it has made the neighborhood
a more vital, cohesive place.”
Guilbert, Julia. “Suburban Soul Man.”
Seattle Metropolitan
Magazine
. 02/09
P U B L I C R E L A T I O N S
C O N T I N U E D
13
He’s been intrigued for decades by the notion
that shopping centers could be places for social
interaction as well as commercial transaction.”
Pryne, Eric. “Restarting the Heart of Downtown
Bremerton,”
Seattle Times.
10/19/08
Some malls will survive by becoming the
biggest, flashiest, most exciting retail outlets
in their region. But what of all the others?
The survivors may well be those that learn to
respect their neighbors, offer them a warm and
welcoming place to sit and talk, senior days and
single nights, day care, flowers, public art — the
great third place.
Indeed, the future might belong to new, old town
centers that Victor Gruen imagined and Ron Sher
has made come true.
Peirce, Neal R., Washington Post Writers Group. “Can a
Mall have a Soul?”
County News, National Association of
Counties.
4/1/96
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