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Posted on: Nov. 11, 2019, 12:31 p.m.
Facebook’s newest office complex in Seattle’s bustling South Lake Union neighborhood sold for a whopping $415 million last week. Ponte Gadea, Spanish billionaire Amancio Ortega’s real estate investment business bought the two-building Arbor Block complex from the real estate arm of the late Paul Allen, according to property records. The two buildings, just a stone’s throw away from Amazon’s headquarters, opened in May and September and have room for roughly 2,000 people combined. In September, Facebook said it had 5,000 ... Full investment news article