Amazon Drops $1.16B On 11-Building Seattle Office Complex

Law360, New York (October 5, 2012, 7:55 PM EDT) -- Internet retail giant Amazon.com has inked a deal to pick up the 11 office buildings it currently leases at its Seattle headquarters for $1.16 billion, according to a Friday regulatory filing, making yet another major real estate move as it preps for an expansion in the area.

The deal, which is expected to close in the last quarter, gives the company ownership of 1.8 million square feet, according to a filing with the U.S. Securities and Exchange Commission. The buildings were owned by a unit of...
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