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Facebook-leased tower in S.F. may hit record price in sale
In May, Facebook Inc. signed San Francisco’s biggest office lease deal in history — all 755,900 square feet in Park Tower, a 605-foot skyscraper currently under construction. Now the building’s owners, MetLife, the John Buck Co. and Golub & Co. are hoping to sell a 49 percent ownership stake in the tower, five real estate professionals tracking the building told the San Francisco Chronicle. The individuals added that the building’s price per square foot could exceed $1,500, totaling over…
Delta Dental of Washington hires new CEO from Amazon
Mark Mitchke led Amazon Global Fulfillment Services as it worked with small and medium-sized businesses to grow on Amazon and quadrupled sales, Delta Dental said.
Port of Seattle replaces leaders on Sea-Tac Airport International Arrivals Facility project
The Port of Seattle released a report of the project’s delays and increasing costs, and said it reached a deal to cap costs and set a completion date.
Schmidt’s Deodorant to close Portland factory, 52 jobs eliminated
One of the city’s rising consumer goods brands has shuttered its Northeast Portland manufacturing facility. Schmidt’s Deodorant Co. will eliminate 52 jobs as part of the closure, which takes effect Oct. 31. The move comes less than a year after the company was sold to Unilever. Jaime Schmidt, the company’s founder, said after the sale she’d hoped to use the deal to get “immediate access to a more stable supply chain, retail opportunity, consumer insights and talent … Of greatest value is the…
Five Things to know on an unforgettable date
Holy moly, it’s Tuesday. Weird, right? We’ve got a lot to do so we’ll get right into it. Have a good one. Buying in Flir continued a year in which it’s making investments in various strategic partner. Today, we’re talking about a Denver company that Flir out-and-out bought. The move gives Flir more inroads in roads (ouch) software and other such tech. Update The fate of Unity Center remains at the top of health care regulators’ minds. The Center’s issues, via the Oregon Health Authority, include…
T-Mobile signs $3.5 billion deal with Ericsson to build out a 5G network.
T-Mobile, which is seeking regulatory approval to acquire Sprint, said the deal with Sweden’s Ericsson will allow T-Mobile to start delivering the first 5G nationwide network in the U.S.
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