Alaska Airlines Plans To Open New Training Hub In 2025; Longacres Facility In Renton Was Purchased From Unico Properties For $85.75M

Alaska Air Group, Inc. -1.16%

Alaska Air Group, Inc.

ALK

40.03

-1.16%

Alaska Airlines has purchased the 19-acre property from Unico Properties for $85.75 million, which includes the 600,000-square-foot facility that Boeing purposefully built to house an aviation training facility. Alaska plans to invest an additional $100 million to renovate the space.

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