Tuesday 15 September 2020

Facebook buys office campus near Seattle for $368M

 Facebook has snagged another prime piece of real estate — and given the shaky office sector a boost. The tech giant announced that it will buy the brand new Bellevue, Washington, headquarters built by Recreational Equipment Inc., or REI, which the consumer outdoor equipment company never used. Facebook announced it will pay $368 million for the 8-acre campus, according to the Seattle Times. It already leases 850,000 square feet of office space in the nearby



source https://therealdeal.com/2020/09/15/facebook-buys-office-campus-near-seattle-for-368m/

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