Microsoft campus gets crowded
Microsoft is spending $1 billion to expand its headquarters campus in Redmond, Wash., the New York Times reports. What the Times doesn't mention is that Microsoft is stuck footing such a big bill thanks in part to a short-sighted decision in 2004 not to build out a second campus in nearby Issaquah, Wash. Microsoft had an option to buy nearly 90 acres of land on the opposite end of Lake Sammamish from Redmond, but decided to forgo that route. Now, it's paying through the nose to acquire more real estate around its home campus -- as well as drawing bad feelings from neighbors in Redmond who blame Microsoft for burgeoning traffic problems.
Posted by Owen Thomas 10:20 AM 1 Comments comment | Add a Comment

Waaaa... Microsoft has to spend some of the billions they are sitting on.
Posted By Bryan Columbus, OH : 12:08 PM  

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.