VR Company Oculus Takes 100k SF In Redmond

Oculus VR, maker of the Oculus Rift virtual reality headset, has leased more than 100k SF of office and warehouse space in Willows Commerce Park II in Redmond, according to Kidder Mathews. The space is larger than the combined volume of Oculus' Seattle office in SoDo and another space the company occupies in Willows Commerce Park II.

The expansion by Oculus—owned by Facebook—points to the Puget Sound region and especially the Eastside as a hub of the growing VR and augmented reality industry, the Puget Sound Business Journal reports.

Besides Microsoft, Bellevue-based video game company Valve is working on HTC Vive, a VR product, and startups VRcade and Atomic VR call the region home. Valve leased more than 147k SF of office and warehouse space in Kirkland earlier this year. [PSBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Seattle Newsletters
Related Stories

GSA Taps Cushman & Wakefield Veteran As Federal Real Estate Head

Tenant Departure Leaves Beleaguered Broad Street Office Over Half-Vacant

Piedmont Realty Exiting Houston Market With Office Dispositions

'It's A World Of Winners And Losers': New Edge CEO Plots Future In A Changed Office Reality

Broward Lures Office Tenants Away From Miami-Dade

ISIF Commits €100M To IPUT's €500M Office Development Pipeline

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague