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Microsoft Buys Industrial Facility for $38M, Plans EV Fleet Site
The Jewell family has sold an industrial complex on N.E. Union Hill Road in Redmond, WA to Microsoft for $38 million. The property is currently the home of Olympian Precast, but according to King County records, Microsoft plans on converting the site to an EV charging facility for a fleet of electric shuttles.
Microsoft plans for the property include a two-story, 46,500-square-foot maintenance building, a three-story auto parking structure topped with solar panels and a 250 stall covered bus parking structure topped with more solar panels. The company’s timeline, according to an application, is to break ground in 2024.
Microsoft has a goal of being carbon-negative for its Redmond campus by 2030, and the application says the company is converting its entire internal combustion shuttle fleet to zero-emission vehicles. The company’s Redmond Millennium Campus is located just a short distance from the new property.
- ◦Sale/Acquisition
