Amazon buys its headquarters’ campus for $1.16 billion.
Amazon.com has agreed to pay $1.16 billion to buy its 11-building headquarters campus in Seattle’s South Lake Union neighborhood, according to an Amazon regulatory filing and a release from the seller, Vulcan Inc. http://www.bizjournals.com/seattle/blog/2012/10/amazon-to-pay-116b-for-11-seattle.html?ana=e_du_pub&s=article_du&ed=2012-10-05
Industrial market in Puget Sound set to improve
The industrial real estate market in the Puget Sound region is on track to have its best year since 2008, thanks to relatively strong job growth, according to a new report from Kidder Mathews. http://www.bizjournals.com/seattle/news/2012/10/01/puget-sound-regions-industrial-market.html?ana=e_du_pub&s=article_du&ed=2012-10-01
Unemployment drops under 8%
WASHINGTON, DC-It was a major talking point during the recent presidential debate–that unemployment has languished above 8% for months. Presidential hopeful Mitt Romney will have to adjust that sound bite–though not dramatically–in the wake of the latest monthly jobs report issued by the the Bureau of Labor Statistics.