August 25, 2014
NEW — 6:25 p.m. Aug. 25, 2014
Costco Wholesale has leased an Issaquah office building developed by Vulcan to provide growing room for its headquarters staff, which now numbers about 3,000.
The 177,000-square-foot building at Sammamish Park Place, off East Lake Sammamish Parkway at S.E. 51st St., is about a mile from the warehouse retailer’s headquarters at 999 Lake Drive.
Chief Financial Officer Richard Galanti said the lease gives Costco more room for part of its information technology staff and other operations.
August 13, 2013
Microsoft will vacate at least one Sammamish Park Place building.
The software giant let its lease expire recently on one of the three buildings it inhabits in the campus.
It was unclear what effect the departure would have on the local economy. City officials said they could not disclose how many employees worked within the property.
“Our employment numbers we get from the Department of Revenue,” Economic Development Manager Andrea Lehner wrote in an email. “In order to get this information from them, we must sign an agreement requiring nondisclosure of, among many things, employee numbers.”
She said the city expects some change to financial numbers, but highlighted what she viewed as positive signs within Issaquah’s economy.