US retailer to sell sprawling new and unused headquarters to shift to remote work


Outdoor retailer REI is selling its newly completed — and currently unused — 8-acre corporate campus in Bellevue, Washington, instead shifting to a “less centralized approach to its headquarters presence in the Seattle area.”

“The dramatic events of 2020 have challenged us to reexamine and rethink every aspect of our business and many of the assumptions of the past. That includes where and how we work,” said REI CEO Eric Artz in a statement. 

“The future “headquarters” will instead consist of multiple satellite campuses in the Seattle area, the retailer said, rather than one central location. Remote working will be the “normalized model” for headquarters employees.

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