REI Co-Op Sells Spring District HQ to Facebook for $390MM

SEATTLE –  REI Co-op announced today that it has completed the sale of its newly completed corporate campus in the Spring District neighborhood of Bellevue, Washington, for a purchase price of $390 million ($975 per square foot).   The 400,000-square-foot campus and approximately six acres of land were purchased by Facebook on Sept. 14, 2020. Site developer Wright Runstad & Company and Shorenstein Properties also purchased […]