Search
 

WEA Buys New HQ, Extra Land for $9.5M

FEDERAL WAY, WA-Quadrant Corp., the Bellevue, Wash.-based real estate arm of Weyerhaeuser, sells the Washington Education Association a 60,000-sf Northlake Building for $9.5 million. The purchase includes a 3.8-acre parcel of land valued at $2.5 million.

By Gina Binole | Updated on July 24, 2002

FEDERAL WAY, WA-In order to accommodate its growth, the Washington Education Association has purchased a two-story, 60,000-sf building at the East Campus Corporate Park owned by Weyerhaeuser Co.

The $9.5-million deal also includes a 3.8-acre parcel of land valued at $2.5 million.

The WEA, which represents 74,000 school and college workers in Washington state, has about 100 employees and is now located at 334334 Eighth Ave. S in Federal Way in a 35,000-sf headquarters it built about 25 years ago, says Debra Carnes, a WEA spokeswoman.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.