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

Smart Buildings | Jun 8, 2014

Big Data: How one city took control of its facility assets with data

Over the past few years, Buffalo has developed a cutting-edge facility management program to ensure it's utilizing its facilities and operations as efficiently, effectively, and sustainably as possible. 

| Jun 6, 2014

KPF, Kevin Roche unveil design for 51-story Hudson Yards tower in NYC [slideshow]

Related Companies and Oxford Properties Group are teaming to develop Fifty Five Hudson Yards, the latest addition to the commercial office tower collection in the 28-acre Hudson Yards development—the largest private real estate development in the history of the U.S.

| Jun 3, 2014

Libeskind's latest skyscraper breaks ground in the Philippines

The Century Spire, Daniel Libeskind's latest project, has just broken ground in Century City, southwest of Manila. It is meant to accommodate apartments and offices.

| Jun 2, 2014

Parking structures group launches LEED-type program for parking garages

The Green Parking Council, an affiliate of the International Parking Institute, has launched the Green Garage Certification program, the parking industry equivalent of LEED certification.

| May 29, 2014

7 cost-effective ways to make U.S. infrastructure more resilient

Moving critical elements to higher ground and designing for longer lifespans are just some of the ways cities and governments can make infrastructure more resilient to natural disasters and climate change, writes Richard Cavallaro, President of Skanska USA Civil.

| May 28, 2014

KPF's dual towers in Turkey will incorporate motifs, symbols of Ottoman Empire

The two-building headquarters for Turkey’s largest and oldest financial institution, Ziraat Bank, is inspired by the country’s cultural heritage. 

| May 27, 2014

One World Trade Center cuts rents due to sluggish activity

Sluggish economy and lackluster leasing force developer The Durst Organization and the Port Authority of New York and New Jersey to reduce asking rents by nearly 10% to $69/sf.

| May 23, 2014

Big design, small package: AIA Chicago names 2014 Small Project Awards winners

Winning projects include an events center for Mies van der Rohe's landmark Farnsworth House and a new boathouse along the Chicago river.

| May 23, 2014

Top interior design trends: Gensler, HOK, FXFOWLE, Mancini Duffy weigh in

Tech-friendly furniture, “live walls,” sit-stand desks, and circadian lighting are among the emerging trends identified by leading interior designers. 

| May 22, 2014

Big Data meets data centers – What the coming DCIM boom means to owners and Building Teams

The demand for sophisticated facility monitoring solutions has spurred a new market segment—data center infrastructure management (DCIM)—that is likely to impact the way data center projects are planned, designed, built, and operated. 

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