First Washington Realty (FWR) has acquired Evergreen Village, a 123,562-square-foot premier grocery-anchored community shopping center in Bellevue, Wash., expanding FWR’s existing Pacific Northwest portfolio to approximately 2.3 million square feet. Anchored by a Safeway supermarket, Evergreen Village features a diverse mix of fitness and dining tenants, including Edgeworks Climbing, Puetz Golf Superstore and Starbucks, creating a hub that draws consistent traffic from across the area.
Positioned in the heart of Bellevue’s high-growth Eastside, the center serves a dense, affluent and highly educated population within a rapidly expanding submarket. Just a short commute from major employers like Microsoft, Amazon, Meta and T-Mobile, Evergreen Village sits amid a thriving concentration of technology and biotech businesses.
Sarah Ellis, managing director, investments for FWR, said: “Evergreen Village is exactly the kind of property we look for. It’s a grocery-anc
