Home Commercial Microsoft Pays $37.6MM for Eight-Acre Site Near Campus in Redmond

Microsoft Pays $37.6MM for Eight-Acre Site Near Campus in Redmond

By Catherine Sweeney

Microsoft appears to be continuing its expansion in Redmond, recently acquiring an eight-acre site east of downtown. According to public records filed with King County, Microsoft purchased the asset for $37.6 million from Olympian Precast, which also occupies the building.

Located at 19150 Union Hill Road, the property is home to a 3,2015 square foot building built in 1966. The building serves as a manufacturing facility for Olympian Precast, creating concrete components used in a variety of commercial projects in the Pacific Northwest and Alaska.

The property is located in East Redmond north of Lake Sammamish. The site is also closely situated to the Microsoft Millenium Campus and a short commute from the Near the Microsoft Millenium Campus. The site is also just a short distance from the company’s main headquarters.

Microsoft, for a long time, has maintained a large presence in Redmond. In 2017, the company announced plans for a multi-year expansion plan that would build nearly three million square feet of new workspace on 72 acres of its Redmond campus.

In April, the company provided an update on the campus expansion with the completion of 902 wells for its Thermal Energy Center, which will provide 9,000 tons of refrigeration, according to Microsoft.

“At Microsoft, our physical footprint is rooted in strengthening customer partnerships, establishing an inclusive culture, and ensuring our presence creates a positive impact on the local community. This is exactly our focus right here at home, on our East campus, in Redmond,” said Rob Towne, regional director of Real Estate Operations Puget Sound, at the time of the announcement. “I’m personally thrilled to see our vision come to life as construction advances.”