Deals
Amazon to Purchase Seattle Offices for $1.16 Billion
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Amazon.com Inc., the world’s largest online retailer, agreed to buy its 11-building headquarters complex in Seattle for $1.16 billion in a deal poised to be the biggest U.S. office transaction of the year.
The campus has 1.8 million square feet (167,000 square meters) of space in the South Lake Union neighborhood, Amazon said today in a filing with the U.S. Securities and Exchange Commission. The company said it’s made a nonrefundable deposit of about $23 million, which will increase to $51 million on Oct.