REI to Liquidate Newly completed HQ in Bellevue, WA I Seattle Real Estate Podcast

Outdoor retailer REI (Recreation Equipment Inc.) recently listed its newly completed headquarters in Bellevue, WA as part of a strategic business decision. In place of the urban styled campus will be a number of pod-like centers located throughout the Pacific Northwest.

The capital that will be freed up by this sale will offset some of the lost business due to the COVID shutdown. As all retailers have struggled and REI is no exception. Navigating the future business waters in an unknown environment requires capital and lots of it!

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.

#REI #bellevue

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