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

| Aug 12, 2016

OFFICE GIANTS: Technology is giving office workers the chance to play musical chairs

Technology is redefining how offices function and is particularly salient in the growing trend of "hoteling" and "hot seating" or "free addressing."

| Aug 12, 2016

Top 70 Office Engineering Firms

Jacobs, AECOM, and Thornton Tomasetti top Building Design+Construction’s annual ranking of the nation’s largest office sector engineering and E/A firms, as reported in the 2016 Giants 300 Report.

| Aug 12, 2016

Top 100 Office Construction Firms

Turner Construction Co., Structure Tone, and Gilbane Building Co. top Building Design+Construction’s annual ranking of the nation’s largest office sector construction and construction management firms, as reported in the 2016 Giants 300 Report.

| Aug 12, 2016

Top 100 Office Architecture Firms

Gensler, HOK, and Perkins+Will top Building Design+Construction’s annual ranking of the nation’s largest office sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.

Office Buildings | Jul 29, 2016

The ROI of company culture: Why companies should look at culture’s impact on profit

Organizations that purposefully craft and develop their culture experience a 14% turnover rate, whereas organizations that ignore their culture experience a 48% turnover rate, writes PDR Senior Consultant Christine Mikhail.

Office Buildings | Jul 13, 2016

Latest Gensler survey links innovation with workplace flexibility

A poll of 4,000-plus U.S. workers finds the most innovative among them spend less time at the office.

Office Buildings | Jul 12, 2016

CF Møller designs LEGO world headquarters complex in Denmark

The 52,000-sm complex will incorporate many familiar motifs from the popular plastic building block toys.

Office Buildings | Jul 11, 2016

CetraRuddy designs office tower for Manhattan’s Meatpacking district

Plans originally called for a hotel, but the architect and developers adapted their design for commercial use.

Market Data | Jul 6, 2016

A thriving economy and influx of businesses spur construction in downtown Seattle

Development investment is twice what it was five years ago. 

Contractors | Jul 4, 2016

A new report links infrastructure investment to commercial real estate expansion

Competitiveness and economic development are at stake for cities, says Transwestern.

boombox1
boombox2
native1

More In Category

Office Buildings

Unlocking Sustainability: Smart Access in the Coworking Space

Smart building technologies, including modern access control systems, are transforming coworking spaces by advancing sustainability initiatives and offering new ways to create and operate efficient working spaces. Learn more about the benefits of eco-friendly practices, from reducing carbon emissions to cutting operating costs, and discover 
how choosing the right partners can amplify your green efforts.


Adaptive Reuse

Detroit’s Michigan Central Station, centerpiece of innovation hub, opens

The recently opened Michigan Central Station in Detroit is the centerpiece of a 30-acre technology and cultural hub that will include development of urban transportation solutions. The six-year adaptive reuse project of the 640,000 sf historic station, created by the same architect as New York’s Grand Central Station, is the latest sign of a reinvigorating Detroit.



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