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September 14, 2020

Facebook to buy REI’s new headquarters near Seattle

SEATTLE (AP) — Facebook will buy REI’s new and unused Bellevue campus for nearly $368 million, the social media giant said on Monday.

The move further consolidates Facebook’s domain in the upscale Spring District east of Interstate 405 in Bellevue, The Seattle Times reported. Before the acquisition of the 400,000-square-foot REI offices, Facebook was already moving to occupy nearly 850,000 square feet in three Spring District buildings.

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