flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

REI sells new, unused HQ to Facebook

Office Buildings

REI sells new, unused HQ to Facebook

Site developer Wright Runstad & Company and Shorenstein Properties also purchased an undeveloped 2-acre portion of the property.


By David Malone, Associate Editor | September 15, 2020
REI outdoor space with open garage doors

Courtesy NBBJ

Just a few short months ago, REI was preparing to move into its new headquarters building in Bellevue, Wash.

The facility, which focused on blending inside space with outdoors space, featured courtyards, bridges, open park space, large operable windows and garage doors, and reclaimed wood all meant to promote a healthy lifestyle for employees.

But now, thanks to the coronavirus pandemic, REI Co-op has decided to sell its new, unused headquarters to Facebook for $390 million as the company shifts to a more distributed work model. The future “headquarters” will no longer be in a single location, instead spanning multiple satellite locations across the region as the company leans into remote working as a more engrained, supported, and normalized model for headquarters employees, according to a release from the company.

Both REI and Facebook will also donate 1$ million to the Eastrail, a 42-mile trail that the co-op was helping to develop over the last four years. The trail will connect the communities and businesses of King County’s Eastside through access to transit alternatives, employee hubs, and green space.

The build team for the HQ included NBBJ (architect), GGN (landscape architect), KPFF (structural engineer), and JMJ (civil engineer).

Related Stories

| Feb 26, 2013

Tax incentive database for reflective roofs available

The Roof Coatings Manufacturers Association (RCMA) and the Database of State Incentives for Renewables & Efficiency (DSIRE) created a database of current information on rebates and tax credits for installing reflective roofs.

| Feb 25, 2013

First look: Google's new HQ is engineered for creative collisions

The new California "Googleplex" will be engineered to make sure no Google employee will be more than a 2.5 minute walk away from any other.

| Feb 25, 2013

10 U.S. cities with the best urban forests

Charlotte, Denver, and Milwaukee are among 10 U.S. cities ranked recently by the conservation organization American Forests for having quality urban forest programs.

| Feb 22, 2013

Westlake Reed Leskosky will renovate training center for Cleveland Browns

Local firm Westlake Reed Leskosky has been chosen to design renovations to the Cleveland Browns' Training and Administrative Complex in Berea, Ohio.

| Feb 21, 2013

Holl videos discuss design features of Chengdu ' Porosity Block' project

Architect Steven Holl has released two short films describing the development of Sliced Porosity Block in Chengdu, China.

| Feb 21, 2013

Construction team chosen for world's tallest building in Jeddah, Saudi Arabia

Construction team chosen for world's tallest building in Jeddah, Saudi Arabia.

| Feb 20, 2013

Higher standards, efficiency programs keys to 40% energy usage reduction in commercial buildings since 1980

Commercial buildings have seen a drop in their energy intensity of more than 40% since 1980, according to a recent report from Bloomberg New Energy Finance and the Business Council for Sustainable Energy.

| Feb 20, 2013

CoreNet Global to real estate execs: 'Move forward on net-zero'

CoreNet Global, a major international association for corporate real estate and workplace executives, has released a public policy statement advocating adoption of net-zero energy buildings.

| Feb 17, 2013

Pakistan to get world's tallest tower in $45 billion deal

Newly signed mega deal will fund construction of several massive developments in Karachi, including a mixed-use tower that will dwarf the Burj Khalifa.

boombox1
boombox2
native1

More In Category

Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021