Wednesday, December 29, 2004

And Another Boeing Sale

Boeing has sold 46 acres in Renton to Harvest Partners of Dallas and Transwestern Commercial Services of Chicago for $37.8 million. The site is adjacent to Fry's Electronics (and in fact includes Fry's parking lot) and includes the 10-50 Building, which is being torn down. The buyers say they are going to build a "lifestyle retail center." What that means, no one (including the City of Renton) knows, but everyone is keeping their fingers crossed.

The real issue is how much more of its 80 years of land acquisitions can Boeing dump to subsidize its operations?


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