the city doesn’t care - it is hostile to all profit
Amazon, the most woke company on Earth... are slowly moving their operations to the eastside suburbs - they’ll continue to hold the valuable real estate in the city of course.
So what would be wrong with Smead moving completely out of Seattle and setting up HQ in one of better suburbs of Seattle?
It sends the message that they like Washington State but that Seattle is a lost cause. By staying in that area, it helps retain their workers.
“they’ll continue to hold the valuable real estate in the city of course.”
which won’t be valuable anymore if they can’t lease it, though ...