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Microsoft Snaps Up More Eastside Acreage

REDMOND, WA-The leading software manufacturer pays $2.44 million for a 2.3-acre parcel near its campus here. The property, and the 26,000-sf facility located on it belonged to a Des Moines, Iowa-based chicken farmer.

By Gina Binole | Updated on October 16, 2002

REDMOND, WA-Microsoft Corp. has purchased a 2.3-acre parcel from Hy-Line International, a 65-year-old poultry breeding company based in Des Moines, Iowa.

The company paid $2.44 million for the parcel, which is located south of Northeast 40th Street, west of SR-520 and near its main campus here. Stacy Drake, a Microsoft spokeswoman, says the company intends to use the property for future expansion but has no immediate plans to build anything on it.

Hy-Line is expected to lease the property’s existing 26,000-sf facility for some time, but Drake says she was unsure for how long or how much.

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