Facebook Inc. is buying Recreational Equipment Inc.’s custom-made new headquarters near Seattle, the latest sign that big technology companies are driving commercial real estate markets during the coronavirus pandemic.
The outdoor clothing and gear retailer, known as REI, had been planning to occupy the 400,000 square foot campus in Bellevue, Wash., this summer. REI designed the elaborate complex to reflect its outdoorsy image, and the company once hoped it would serve as a way to recruit new employees. The property features…
