SEATTLE-Amazon plans to build three commercial towers in Seattle, potentially increasing the city’s downtown office by 7%, based on the company’s preliminary development plans and figures from CBRE Group Inc. So says a recent article from Bloomberg news.
The mammoth Internet retailer, based here, agreed to buy three contiguous blocks from Clise Properties Inc., the report says, and has options to buy additional “significant” sites nearby, according to chairman Al Clise, the fourth-generation head of the family-owned developer. He declined to disclose terms of the sale to Bloomberg, scheduled to be completed later this year. It would be Amazon’s first land purchase.
CBRE did not respond to GlobeSt.com inquiries by deadline. Click here for the full Bloomberg article on the deal.
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