The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Maureen Bozlinski
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
mbozlinksi@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Boeing’s Bothell office leases are not long-term

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
By Dan Catchpole
Herald Writer
@dcatchpole
Published:
EVERETT — The Boeing Co. plans to move engineers and office workers in the supplier management and propulsion systems divisions from Everett to Bothell and Bellevue early this summer.
The move is necessary to clear room for a new building to make carbon-fiber components for the 777X wings at the Everett plant at Paine Field, Boeing spokeswoman Kathleen Spicer said.
The site is already being prepared for that building’s construction, which is scheduled to start in November.
The airplane maker recently signed eight leases — six in Bothell and two in Bellevue — covering several hundred thousand square feet.
The Bothell leases are only for three to five years, said Dick Paylor, a commercial real estate broker with NAI Puget Sound Properties, which was not involved in the deal. Paylor wasn’t aware of the terms for the Bellevue leases.
“As a general matter, you don’t usually find leases of that size for that short time,” he said.
Spicer would not comment on the duration of the leases.
So what is Boeing’s long-term plan for those jobs? Will the displaced workers return to the Everett facility?
“Regarding plans to bring employees back to the site — these plans are still to be determined,” she said.
Dan Catchpole: 425-339-3454; dcatchpole@heraldnet.com; Twitter: @dcatchpole.
Story tags » BothellEverettAerospaceBoeingReal Estate777Paine FieldBellevue

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup