Wednesday, September 9, 2009

Russell Moving to Seattle

Huge news announced this morning - Russell Investments is moving to Seattle. As rumored, Northwestern Mutual Life will purchase the building for an undisclosed amount, and Russell will begin moving in 2010.

Russell Investments manages over $151 Billion in assets, and is famous for its Russell indexes, a collection of global equity indices. Approximately 900 Russell employees are currently headquartered in Tacoma.

The tower, once known as WAMU Center and more recently as Chase Renter, will be renamed to Russell Investments Center.