The unrest that has taken place in the city of Seattle … there is really is not a downtown business community today.
We’re hearing rumors of 40-story buildings that will be only 20-percent occupied by October … 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.
We are playing the long game for our company, colleagues, clients and shareholders with this transition to our new location. As we plan for the next chapter of our organization, we believe that we gain tangible and intangible benefits through Greater Phoenix and its surrounding communities.
President and CEO of Smead Capital Management
June 22, 2020
Seattle’s CHOP Just Cost The City A Billion Dollar Company
[That’s what a taste of socialism will do.—Joe]