Outdoor gear retailer REI Co-op said it sold its custom-designed but unused corporate campus in Bellevue, Washington, to social media giant Facebook for $367.6 million, a deal that underscores the region's increasing appeal to California-grown technology companies as well as shifting property plans in the pandemic.
Facebook Buys REI's New Headquarters Campus in Suburban Seattle
Never-Inhabited 'Summer Camp for Grown-Ups' Put on Market Last Month
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IN THIS ARTICLE
- Properties
- Facebook
1209 124th Ave, Bellevue, WA
- Companies
- Recreational Equipment, Inc.
Retailer