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Thursday, 16 February 2012

Amazon to Purchase 3 City Blocks in Seattle for Office Project

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Seattle Times has agreed to purchase three city blocks in Seattle's Denny Triangle area with plans to develop three 1 million-square-foot office towers.

The properties are owned by the Clise family. The deal includes options for Amazon to acquire more of the family's holdings in the area.

The three adjoining blocks are bounded by Westlake Avenue, Sixth Avenue and Blanchard Street. Properties on the blocks include parking lots, a theater, a Toyota dealership and a motel.

The buildings would be Amazon's first foray into office development and ownership.


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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Seattle
  • States: Washington
  • Subject: Development/Construction (DEV), West Regional Digest (WDIG)
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