Microsoft buys 28-acre parcel from Nintendo

Nintendo of America is feeding a large chunk of land in Redmond to Microsoft, which seems to have a nearly insatiable appetite for office and parking spaces lately.

The unused, 28-acre parcel sits between Nintendo's North American headquarters and Microsoft's RedWest campus, which houses its MSN online unit.

In a brief statement today announcing the sale to Microsoft, Nintendo was quick to note that disposing of the land has "no connection with the company's recent relocation of its sales and marketing division to Silicon Valley and Manhattan."

The company's headquarters will remain in Redmond. In fact, Nintendo is planning to grow its employment in Washington, which currently stands at about 1,000 people, in areas including testing and distribution, according to the statement. The property is north of Northeast 51st Street and west of Highway 520 and provides "a natural fit" with Microsoft's RedWest campus, said Microsoft spokesman Lou Gellos.

View: The Seattle Times

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Can't see how anyone didn't notice that these two are direct rivals in the gaming sector. It's good that they're not letting that get in the way of regular business. A lot better than those stupid Apple ads against Windows or the desperate Blockbuster ads telling you to not go with Netflix.

A company selling unused land to another company.... this is hardly news ???

It must be a sloooow day

Nintendo's building is directly across the street from this parcel of land. I even once worked there in the early 90's as a temp, back when they were still #1.

This is just rumor that I heard a couple of years ago, so take it with some skepticism...

Microsoft originally tried purchasing this land several times over the years, but Nintendo flat-out refused. Seems they were miffed that the shielded buildings on the RedWest campus were being used to develop a secret project, later to be known as Xbox, and Nintendo wasn't happy that their new competition was only 200 yards away.

PS2 and then Xbox was all anybody wanted...of course, the Wii got Nintendo back on the map again, but there were some lean years for them.

Of course, the value of that land has tripled in the last three years, and finally in the Great Northwest we're starting to see some slowing of real-estate value price-jumping, so it was a smart business move to hold on to the land until now.