For a business that’s increasingly driven by customers from the tech sector, the commercial real estate industry has tended to shun technology. High-tech tenants account for 45 percent of leasing activity in Seattle this year, according to brokerage JLL.
After years of public meetings, design workshops, sticky notes on architects’ renderings, briefings, PowerPoints and pie charts, leaders now believe they’ve come up with a way to pay for the park and keep it active and safe.
The PSBJ has learned that Weyerhaeuser is moving its headquarters from Federal Way to Seattle and will sell its 430-acre Federal Way facility. Mayor Ed Murray is set to announce the move Tuesday afternoon.
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