![]() The purchase highlights the company's ambitious growth plans despite a major rift with Silicon Valley. Epic announced the deal publicly on Sunday evening after an inquiry from Business Insider. The company closed on the parcel on December 31, according to a person with direct knowledge of the transaction. Visit Business Insider's homepage for more stories.Įpic Games, a video-gaming giant, has purchased a former mall outside Raleigh, North Carolina, for nearly $100 million, with plans to raise a multimillion-square-foot headquarters on the site.The deal demonstrates not only Epic's unblunted ambitions in the wake of the lawsuit but also how developers are creatively and profitably repurposing mall properties that have collapsed from a yearslong shift in consumer shopping habits and, over the past year, the pandemic.Epic has been in a standoff with Apple and Google over its installation of an in-game payment system in its blockbuster game "Fortnite" that allowed users to skirt fees charged by the tech giants.The site can accommodate up to 4.5 million square feet of new space. The gaming giant plans to erect a multimillion-square-foot headquarters that could be about 18 times the size of its current base outside Raleigh.Epic Games just purchased a failed mall outside Raleigh, North Carolina, for $95 million.Account icon An icon in the shape of a person's head and shoulders.
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