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Due to Seattle’s unrest, billion-dollar investment firm moving to Phoenix
ktar.com ^ | June 22, 2020 | PETER SAMORE

Posted on 06/22/2020 7:14:27 PM PDT by PROCON

PHOENIX — Coronavirus pandemic or not, an investment advisory company is leaving the cultural unrest in Seattle and moving its headquarters to Phoenix’s Camelback Corridor.

” … The unrest that has taken place in the city of Seattle … there is really is not a downtown business community today,” Smead Capital Management, President and CEO Cole Smead told KTAR News 92.3 FM.

Smead said that although taxes in Seattle are lower, candidate recruitment is harder and the cost of living within the city is more expensive than Phoenix.

“We’re hearing rumors of 40-story buildings that will be only 20-percent occupied by October,” Smead said.

“My biggest concern for Seattle was what the business community is going to come back to, and what kind of businesses are going to come back for customers.”

(Excerpt) Read more at ktar.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; US: Arizona; US: Washington
KEYWORDS: businesses; camelbackcorridor; colesmead; mayordurkan; phoenix; rioting; seattle; smead; smeadcapital; unrest
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To: Rummyfan

The corporate headquarters did indeed move to Chicago, but the Boeing factory, and all the people who work there and our paid handsomely for doing so, are still in Seattle.


61 posted on 06/22/2020 8:45:02 PM PDT by untenured
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To: PROCON

Keep voting Democrat.


62 posted on 06/22/2020 8:46:09 PM PDT by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't oait. Do it today.)
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To: PROCON
One of the silver lings of this whole hoax - they're destroying their own territories
63 posted on 06/22/2020 8:46:35 PM PDT by maine-iac7 ( Christian is as Christian does mt-h)
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To: PROCON

Those investment firms are nothing more that oligarchical, white-privileged institutions. Good riddance! /sarc


64 posted on 06/22/2020 8:48:22 PM PDT by kevao (BIBLICAL JESUS: Give your money to the poor. SOCIALIST JESUS: Give your neighbor's money to the poor)
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To: CatOwner

I wonder how many who didn’t get out of Detriot - or Germany - in time, regretted not getting out?

Comes a time = cut your loses


65 posted on 06/22/2020 8:50:09 PM PDT by maine-iac7 ( Christian is as Christian does mt-h)
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To: jimpick

it’s now “CHOP’ ;


66 posted on 06/22/2020 8:54:00 PM PDT by maine-iac7 ( Christian is as Christian does mt-h)
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To: adorno

Winner winner


67 posted on 06/22/2020 8:55:02 PM PDT by maine-iac7 ( Christian is as Christian does mt-h)
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To: adorno

Winner winner


68 posted on 06/22/2020 8:55:06 PM PDT by maine-iac7 ( Christian is as Christian does mt-h)
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To: PROCON

good news, so why do so many businesses stay in Minneapolis?


69 posted on 06/22/2020 8:59:30 PM PDT by Coleus
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To: Aussiebabe

Phoenix is a thousand times nicer than gloomy, run-down, Leftist Seattle. Crime here is very localized to certain neighborhoods, infrastructure is new and modern, reasonably priced housing for employees is still available, and gun rights remain paramount. And there are no earthquakes or volcanoes :).


70 posted on 06/22/2020 9:02:32 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Seaplaner
Seattle needs a new name.

Bended knee.
71 posted on 06/22/2020 9:05:44 PM PDT by cgbg (Kneeling is a half measure--lefties need to dig a six foot hole and bury themselves in it.)
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To: Seaplaner

How about Stalingrad circa February 2nd, 1943.


72 posted on 06/22/2020 9:14:11 PM PDT by PA Engineer (Liberate America from the Occupation Media.)
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To: PROCON

So an investment firm moves, what, fifty employees at the most? Who really cares?


73 posted on 06/22/2020 9:23:23 PM PDT by hinckley buzzard (Power is More often surrendered than seized.)
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To: PROCON

So an investment firm moves, what, fifty employees at the most? Who really cares?


74 posted on 06/22/2020 9:24:05 PM PDT by hinckley buzzard (Power is More often surrendered than seized.)
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To: Rummyfan

Will the last person leaving Seattle, please turn out the lights.


75 posted on 06/22/2020 9:24:19 PM PDT by Parmy
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To: Aussiebabe

I checked the murder rate in Phoenix against other major U.S. cities, and it isn’t “one of the highest”. It is roughly the same as places like Denver, San Antonio, Dallas. Lower than Chicago, half of Milwaukee, higher than NYC. Stay away from Van Buren and parts of Indian School Rd, and you should be okay. Accessible nearby cities are okay, too (Tempe, Scottsdale, Mesa, Gilbert, Chandler) with shorter commutes than Chicago, Philly, NYC.


76 posted on 06/22/2020 9:35:59 PM PDT by Dr. Sivana (There is no salvation in politics)
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To: PROCON

The move is happening July first. I assure you it was in the works long before anyone heard of George Floyd.


77 posted on 06/22/2020 9:38:38 PM PDT by semimojo
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To: CatOwner

Phoenix created an aggressive team that goes out and recruits business and private enterprise. I think it’s been around for about a decade now. Primary focus, as you might figure....California businesses.

They are basically selling the idea that you can have same California landscape, California weather, and save in a massive way on real estate, taxes, and cost of living. Another thing often brought up...approval of projects. What takes five to ten years to approve a facility ‘build’ in California...you can do in roughly ten days in Phoenix.

Course, I would agree with you....Phoenix is massive urban sprawl, and just terrible heat in July/August.


78 posted on 06/22/2020 9:44:30 PM PDT by pepsionice
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To: A_Former_Democrat
Ratt!

Except it's "what comes around goes around..."

79 posted on 06/22/2020 9:54:20 PM PDT by Steely Tom ([Seth Rich] == [the Democrats' John Dean])
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To: adorno

To the tune of Okie From Muskogee?


80 posted on 06/22/2020 10:27:48 PM PDT by A_Former_Democrat (See St George's Rap Sheet . . . TAG PedoJoe with "DEFUND the POLICE")
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