Amazon has leased another large office space in Redmond, Wash., according to a permit filing that names the tech giant as a future tenant of a building under renovation. at Redmond Hilltop Business Park,
Plans that Amazon hasn’t announced publicly yet indicate further expansion by the company from its Seattle headquarters to the Eastside of Lake Washington. They also indicate a larger footprint for Amazon than those of its two rivals. In addition to serving as the home of Microsoft, Redmond is the headquarters of SpaceX’s Starlink satellite division.
Amazon Web Services, whose competitors include Microsoft’s Azure cloud computing platform, has a current presence in Redmond town center, and said in june that it plans to lay off more than 1,400 employees in Redmond.
Amazon’s Project Kuiper, which will compete with Starlink in the market for satellite broadband, has its current headquarters in Redmond, about a mile up the road from the newly leased location.
In a market report this week, commercial real estate firms broderick group Referred to an “unknown” tenant who has leased 178,957 square feet of space at the Redmond Hilltop office complex in Southeast Redmond. This is the approximate size of a three-building complex at 6222, 6244 and 6464 185th Avenues. a marketing flyer,
A search of GeekWire showed several permit applications and plans filed with the City of Redmond for the renovation of the largest of those buildings at 6464 185th Avenue. A filing identifies Amazon as the tenant.
The two-storey building includes a large atrium at the back of the structure, where work is also taking place.
genie, manufacturers of work lifts and platforms, have moved out of the building, relocated nearby.
It’s not yet clear which Amazon group will move to the Redmond hilltop location. We’ve got in touch with Amazon representatives in hopes of receiving additional information about its plans for the site.
Tech companies have been a bright spot in the Seattle office leasing market amid an overall slowdown in activity. A report from this week Sevilles US Real Estate Firm Overall Class A office availability in the Seattle area reached a new five-year high of approximately 20% in the fourth quarter.
The pandemic and the work from home trend are having a big impact. However, the firm predicts that Amazon and Facebook’s parent company Meta will continue to boost the region’s office market this year.
- As the Broderick Group reports, Meta recently leased its fifth building in Bellevue’s Spring District, bringing its total commitment to more than 1.8 million square feet.
- Amazon Bellevue is establishing a major presence in the city, with more than 6.6 million square feet of space being leased, planned and under construction for the company.
“We’re bullish long term on Seattle,” said Eric Lonergan, Executive Managing Director and Co-Market Leader at Seville’s Seattle Office. “We think it will recover very quickly over the next few years.”
Geekwire Contributing Editor Alan Boyle contributed to this report.