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Fashion brand buys Amazon offices in Seattle

PontegadeaInmobiliaria, the real estate arm of the founder of fashion group Inditex ,Amancio Ortega, this week completed the purchase of two Seattle office blocks leased to Amazon, a Pontegadea spokesman said on Thursday. Pontegadea bought the buildings from U.S. investment fund USA Real Estate,

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Published - Mar 30, 2019 6:29 AM

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PontegadeaInmobiliaria, the real estate arm of the founder of fashion group Inditex ,Amancio Ortega, this week completed the purchase of two Seattle office blocks leased to Amazon, a Pontegadea spokesman said on Thursday. Pontegadea bought the buildings from U.S. investment fund USA Real Estate, the spokesman said, adding it was the Spanish fund's biggest ever deal in the United States. The buildings were sold for $740 million, according to media reports.

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