Published: Tue, November 06, 2018
Markets | By Noel Gibbs

Amazon in 'advanced talks' to pick Northern Virginia for second headquarters

Amazon in 'advanced talks' to pick Northern Virginia for second headquarters

The talks come after a year-long search that left hundreds of cities around the country scrambling to pitch themselves to the e-commerce giant, according to The Washington Post.

Grella has already responded to another Post article by tweet, one in which the publication speculated on the HQ2 search based on where Amazon CEO Jeff Bezos' corporate jet flies: "as an Amazon spokesman said, where Jeff flies to and doesn't fly to says nothing about #HQ2 cities". Many experts have named the Washington area as a front-runner given Bezos' ownership of the Post and the company's stepped-up lobbying efforts.

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Shortly after the Post published its story, Mike Grella, Amazon's economic development director, addressed the "genius leaking info" about the plans in a tweet. "You're not doing Crystal City, Va. any favours". "And stop treating the NDA you signed like a used napkin", he said, in reference to the non-disclosure agreement that all finalists had to sign.

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Betting sites give northern Virginia the most likely odds of landing the project, and stock analysts have sweetened their view of JBG Smith - owner of most of Crystal City - as Amazon's announcement has approached.

Amazon.com, Inc. shares closed at $1,665.53 on Friday, down $0.00 (0.00%). Amazon declined to comment on his remarks.

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Beth Gargan, a state commerce department spokeswoman, said her boss, Commerce Secretary Tony Copeland, has not been told that the Triangle is out of the running for the Amazon expansion, which could bring as much as 50,000 jobs to the victor. But Ash said there have been ongoing discussions with Amazon about other opportunities. It's a large residential and office complex in Arlington, Virginia, just south of Washington, the Post reported Saturday, citing unidentified sources.

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