Microsoft to buy Safeco's Redmond campus
Seattle PI | at | by Mike
Microsoft is significantly boosting its presence in the Seattle region with an agreement to pay $209.5 million for most of Safeco's campus in Redmond.
Safeco disclosed the purchase-and-sale agreement in a Securities and Exchange Commission filing Wednesday morning. Microsoft had been widely considered a likely buyer of the property since Safeco decided last year to consolidate its operations at its headquarters in Seattle's University District.