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Amazon-Leased Offices in Seattle Sell for 25% Above 2018 Price

Deal Is Buyer's Third Purchase in the Puget Sound Leased to the E-Commerce Giant
Amazon has leased 2301 Fifth Ave. in Seattle since 2015, called 5th & Bell by its owners, but referred to as the "Otter" building on Amazon's corporate campus map. (CoStar)
Amazon has leased 2301 Fifth Ave. in Seattle since 2015, called 5th & Bell by its owners, but referred to as the "Otter" building on Amazon's corporate campus map. (CoStar)
By Clare Kennedy
CoStar News
December 29, 2021 | 7:14 P.M.

To get a sense of the value of online retailer Amazon as a leaseholder in downtown Seattle — and one investor's bet on the company's long-term influence in the area — just take a look at this nine-figure sale.

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