pacific tower

Pacific Tower
6:14 pm
Tue May 27, 2014

Pacific Tower Expected To Fill With Tenants, Long-Term Funding An Issue

After a slow start, the state of Washington says it’s on track to fill the former headquarters of Amazon.com with tenants.
Credit Joe Mabel / Wikimedia

After a slow start, the state of Washington says it’s on track to fill the former headquarters of Amazon.com with tenants. But long-term costs remain a concern.

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Pacific Tower Lease
5:20 pm
Tue November 12, 2013

Washington State Signs Pacific Tower 30-Year Lease

File photo of Pacific Tower, a building on Beacon Hill in Seattle, Wash.
Joe Mabel Wikimedia

Originally published on Tue November 12, 2013 5:18 pm

Washington’s Department of Commerce has signed a lease to take over Seattle’s iconic Pacific Tower for the next 30-years.

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Wash. Real Estate Lease
4:13 pm
Mon November 11, 2013

Nineties Real Estate Deal Proved To Be Money-Loser For Washington State

Nick Cockrell with Washington’s Department of Enterprise Services gives a tour of the state-owned Rhodes Center in Tacoma which, he says, loses about $500,000 a year.
Austin Jenkins Northwest News Network

Originally published on Mon November 11, 2013 3:32 pm

The state of Washington is expected to sign a 30-year lease Tuesday for Seattle’s iconic Pacific Tower on Beacon Hill.

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Pacific Tower Repurposing
6:37 am
Thu October 31, 2013

Terms And Cost Of Pacific Tower Lease Raise Questions

Pacific Tower is a 14-story former public hospital that the state plans to lease for 30 years for a health college and center for non-profits.
Credit Austin Jenkins

The state of Washington is about to make a major real estate decision that supporters say will transform healthcare training for the next generation. The deal has also been called “a nightmare.” We’re talking about a proposed lease of Seattle’s Pacific Tower - former headquarters of Amazon dot com. Powerful interests – including Washington’s Speaker of the House – want to turn the Seattle landmark into a training center for future health care workers and a hub for non-profits. But internal state agency documents raise serious questions about the terms and cost of the deal.

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Pacific Tower Government Cost
6:12 pm
Thu September 26, 2013

Former Amazon Building Lease Could Cost Washington $270M Over 30 Years

Joe Mabel Wikimedia

Originally published on Fri September 27, 2013 9:20 am

It could cost the state of Washington more than $250 million over 30 years.to lease and operate the former headquarters of Amazon.com.

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