Kemper Development Company (KDC) announced today the signed lease by Bank of America for more than 76,000 square feet of office space at 400 Lincoln Square in Bellevue. Client-facing teams, including those from the company’s Merrill Lynch, Merrill Lynch Private Banking & Investment Group and U.S. Trust lines of business, will occupy three floors of the office tower.
Specific to the Eastside market, the co-location supports Bank of America’s overall strategy of improving office utilization and creating a more cohesive office environment that allows for stronger collaboration among the company’s lines of business to better serve the financial needs of clients. 400 Lincoln Square is the newly opened South office tower at the Lincoln Square’s expansion. Bank of America is slated to move into the building in the second half of 2018.
“We are pleased to work with KDC to support the continued development of downtown Bellevue,” said Anthony DiBlasi, Bank of America’s Washington state president, in a press release. “This relocation is very exciting for both our employees and clients. In addition to bringing our teams together, it allows us to better serve our clients by providing them with a central location to service all of their financial needs in one of Bellevue’s premiere new properties.”
“Bank of America is a staple in our community and we are delighted that we were able to bring together their office teams into 400 Lincoln Square as well as offer The Bellevue Collection guests easy access to the company’s comprehensive financial services,” said Jennifer Leavitt, vice president of marketing, The Bellevue Collection. “As a company that serves so many households and businesses across the region, they are a welcome and valuable addition at the new Lincoln Square expansion.”