Microsoft’s New $250M Purchase
According to GeekWire, Microsoft spent close to $250M for a 725,000-square-foot office complex near the HQ campus. The complex was bought from the Daytona Laguna complex who purchased the campus two years ago for $204M.
To put things into perspective, the additional campus adds only 5 percent more office space to the entire Microsoft HQ campus which is a total of 15 million-square-feet of office space.
During Microsoft HQ’s major renovations, the newly purchased office complex will provide additional office space for employees as buildings come down. The redevelopment project plan will add 18 new structures (totaling 2.5 million square feet) and make room for 8,000 additional employees.
Source: GeekWire