Saturday, February 18, 2012

Amazon is building a 3M square-foot campus of towers

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Amazon is buying up real estate in three city blocks in Seattle and plans to build a million-square-foot office tower on each block.

The company signed a purchase-and-sale agreement with the property owners several weeks ago, and that agreement included options to purchase even more property in the future. The Seattle Times says this is the biggest real estate deal Seattle has seen in years. Though the seller declined to disclose the exact terms of the deal, a representative of the real estate group said the deal was “off the charts” and that the facilities were going to be “world-class.”

Posted via email from Inspiration

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