Amazon has placed a high-profile Seattle office project on the sublease market, signaling plans to scale down its growth in its hometown.
A marketing flier obtained by GeekWire confirms that the tech giant is seeking new tenants for its office space in Rainier Square, a building under construction that will one day be the city’s second-tallest skyscraper. Amazon had leased all 30 floors of office space in the building. After weeks of rumors, the listing was made official over the weekend, according to real estate brokers familiar with the marketing efforts. Amazon will make all of the office space it leased in Rainier Square available to other companies.
Earlier this month, a real estate broker who represents tenants in downtown Seattle told GeekWire that Apple, Dropbox, and Oracle were “circling” as possible tenants for Rainier Square
Rainier Square was at the center of a heated tax battle between Amazon and Seattle last year that became emblematic of the company’s troubled relationship with its hometown. As Seattle considered a tax on top-grossing businesses to fund affordable housing, Amazon threatened not to move into Rainier Square, claiming the City Council’s approach “forces us to question our growth here.” Although Amazon came out on top in that dispute, its future at Rainier Square remained uncertain.
Amazon currently occupies 12 million square feet of office space in Seattle and has several additional projects under construction. The company will “continue to evaluate future growth” when those projects are finished, an Amazon spokesperson told GeekWire previously.