Los Angeles-based Preylock Real Estate Holdings is purchasing Tower 1 at Bellevue’s West Main campus from Vulcan Real Estate for $340 million, the Bellevue Downtown Network recently reported.
The 17-story, 364,868-square-foot office building, also known as Dynamo, is fully leased to Amazon and serves as a hub for Amazon Web Services.
The tower is part of Vulcan’s West Main campus, a 1.03-million-square-foot office and retail development in downtown Bellevue. The acquisition would add to Preylock’s existing Eastside portfolio, which includes Newport Corporate Center, 90 North, and Willow Creek Corporate Center.
The sale has not yet closed but is expected to be finalized before the end of 2026.
