Amazon walks away from 722K sf lease for Seattle’s Rainier Square
Amazon | February 27, 2019
Amazon is walking away from another huge real estate deal, this time in its hometown of Seattle. The e-commerce giant is cancelling a 722,000-square-foot lease for the entirety of Wright Runstad & Company’s 58-story Rainier Square tower, currently under construction, according to the Seattle Times. Last year Amazon threatened to pull the plug on the lease if the city passed a proposed business tax, which it ultimately did not.