Russell Investments

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It was the legislative equivalent of a buzzer beater.

Just as the Washington Legislature was about to adjourn last month, the House and Senate quickly passed a series of tax breaks mostly for businesses. They included exemptions for dance clubs, mint growers, dairy products and digital data used by international investment firms. That last one will largely benefit a single global firm—Seattle-based Russell Investments.

Russell Investments

What was once the WaMu Tower is now the Russell Investment Center. The financial services company that was downtown Tacoma's largest employer has now formally opened its new headquarters in downtown Seattle.

Seattle's civic leaders turned out in full force to welcome the company famous for its stock market indexes. 900 well-paid employees now occupy five floors of the skyscraper at 2nd and Union, next door to the Seattle Art Museum.