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November 2, 2020

Wright Runstad sells Facebook-leased Spring District offices for $365M

Real Estate Editor

Rendering by NBBJ [enlarge]
Block 16 tenant Facebook has extended its work-from-home policy to July of next year.

Wright Runstad announced on Friday the pending $365 million sale to Brookfield Asset Management of Block 16 in the Spring District. King County hasn't yet recorded the sale, which will be worth about $1,062 per square foot. Eastdil Secured brokered the deal.

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