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Amazon.com Inc To Spend $1.16 Billion To Buy Seattle HQ-Reuters


Saturday, 6 Oct 2012 07:28pm EDT 

Reuters reported that Amazon.com Inc said on October 5, 2012 it will spend over $1 billion to buy its Seattle corporate headquarters. The Internet retailer plans to buy a complex of 11 buildings in the trendy South Lake Union area, comprising 1.8 million square feet of office space, for $1.16 billion from Microsoft Corp co-founder Paul Allen's investment firm. Amazon expects to close the deal in the fourth quarter on the modern office buildings in South Lake Union. 

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