Firms relocating from Seattle

40 story buildings will possibly be 20% occupied by October -A billion-dollar investment advisory company, fed-up with the instability of the city of Seattle, has decided to leave Seattle and move to Phoenix, Arizona.

Cole Smead, the president and CEO of Smead Capital Management, which manages roughly $1.58 billion, told KTAR News 92.3 FM, “The unrest that has taken place in the city of Seattle … there is really is not a downtown business community today.”

Smead continued, “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.”

Here's the WHOLE quote, not the cherry-picked one from our friend.

https://ktar.com/story/3321032/due-to-seattles-unrest-billion-dolloar-investment-firm-moving-to-phoenix/

It seems there were other issues involved in this move.

Your "whole quote" implies that some of the facts were not included. Your ploy, though typically negative, holds no substance.

Sorry, David, partial quoting out of context is a childish, transparent trick that's centuries old.

Also, the decisions of a single firm (however wealthy) aren't indicative of anything except...the decisions of a single firm.

 And , of course, you have no comment on the 20% future occupancy as being a direct result of what is happening in Seattle. By the way, I posted the meat of the article - which is all that needed to be viewed.

Slink away, Davee-boi.

You lost this.

That's a statement about what MAY happen IN THE FUTURE, and thus, not factual.

Furthermore, even if that DOES happen, there's no way that anyone will be able to show the "direct result" you claim. Again, this was the decision of a single person.

I know that conservatives have been getting their panties in a twist and showed faux outrage about downtown Seattle. The truth is that it's functioning the way it always has, albeit in a pandemic.

October is not that far "in the future".

Dude. You look stupid. 

Give it up.