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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: Alomex who wrote (149842)11/10/2002 9:12:15 AM
From: H James Morris  Read Replies (1) of 164684
 
AL, its brutal in Seattle as far as empty office space goes.
>> Amazon expects to lose as much as $68 million over the life of its leases for unnecessary office and warehouse space.<<
>>But no one is biting.

Amazon.com thought it had found the perfect tenant — the U.S. government — to take a big chunk of the excess office space it leases at 705 Union Station. The General Services Administration had agreed to take 120,000 square feet in the building, but it pulled out of the deal before it was finalized, saying it needed less space than it had anticipated.<<


seattletimes.nwsource.com
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