Amazon said to be in talks for Seattle land
Amazon.com Inc, the largest Internet retailer, is in talks to buy land next to its Seattle headquarters that the company may use for expansion, said two people with knowledge of the discussions.
The site is being sold by Clise Properties Inc., a family- owned office developer in Seattle. Clise put 12.5 acres (5 hectares) of land up for sale in 2007. The global credit crisis led to offers falling short of the company's $600 million target, prompting it to end talks with potential buyers including Emaar Properties PJSC of Dubai in April 2008.
Amazon.com plans to buy part of the Clise parcel.