Amazon to move out of longtime office building near its main Seattle headquarters

Core Viewpoint - Amazon is planning to exit its office building at 1915 Terry Ave in Seattle, marking a significant shift in its real estate strategy after 12 years of occupancy during a period of growth [1][2]. Group 1: Office Space and Relocation - The company confirmed it will not renew its lease for the 251,000-square-foot building, which it has occupied since 2014, and plans to relocate employees to other offices by the end of May [1][4]. - Amazon has not disclosed the number of employees currently working in the building, but it employs approximately 50,000 corporate and tech employees in Seattle [4]. Group 2: Real Estate Strategy - Since 2020, Amazon has relinquished over 1 million square feet of office space in Seattle, primarily in the Denny Triangle area [5]. - The company is expanding its presence in Bellevue, across Lake Washington, where it has opened new office buildings and plans to employ 25,000 people as part of its regional headquarters [5].