Boeing’s Bothell office leases are not long-term

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;; Twitter: @dcatchpole.

More in Herald Business Journal

More business, more competition for Everett kidney dialysis center

Nonprofit Puget Sound Kidney Centers sees large for-profit competitors enter state market.

Suitors, beware: In Seattle, Amazon also brought disruption

The company has grown there from a workforce of about 5,000 to more than 40,000 in 33 buildings.

Boeing rushes to bring back retirees as temps

It’s unclear if this could be a definitive turn in the downsizing tide.

Tax cuts won’t generate as much economic growth as Trump says

There’s little historical evidence that tax cuts actually pay off in boosting economic growth long-term.

City of Marysville adds HR director

The City of Marysville has hired Bill Kolden as its new human… Continue reading

Economic Alliance to host After Hours event at Clothes for Kids

The next Economic Alliance Snohomish County Business After Hours event is from… Continue reading

Speed Networking planned by Lynnwood Chamber

The next Good Morning, Lynnwood Chamber Speed Networking is from 7:30 to… Continue reading

More self-awareness could help build a better medical system

Marcy Shimada of Edmonds Family Medicine writes the second in a series about fixing our health care system.

Scratch-and-sniff brochures aimed to prevent disaster

Puget Sound Energy has distributed more than a million scratch-and-sniff brochures to… Continue reading

Most Read