Two years ago, the 1800 Ninth Avenue Building was sold for $76M. Then, Amazon moved in and took over 200,000 square feet of office space. Monday, the building sold for $150.4M, an astounding 50% jump in value. Real estate company Heitman America was the buyer, who clearly sees some value in owning property that Amazon calls home. Folks, The Ama-Zone is mighty and it's not showing any sign of slowing down.
· Seattle building with Amazon offices nearly doubles in value [PSBJ]
· Amazon Looking Into More Downtown Expansion [Curbed Seattle]