A 28-acre plot of land owned by Nintendo of America has just been sold to Microsoft, according to the Seattle Post-Intelligencer. Both Redmond, Washington-based companies are located close to one another, actually separated by this land.

The deal will reportedly be finalized in the middle of this month, according to NOA's VP of marketing and corporate affairs Perrin Kaplan. The financial details have not been disclosed, but the land had previously been appraised for $23 million.

According to Kaplan, there is no relation to the sale of the land and the recent decision to move its sales, advertising and marketing departments to New York. (NOA Headquarters is staying in Redmond.) Her comments echo what she said back in May when they confirmed the company was taking bids on the land. The employee shift has also sparked rumors that key players Kaplan, George Harrison and Beth Llewelyn were leaving the company. Those murmurings, rather unsurprisingly, were not addressed in the Seattle P-I report.

[Via Gamespot, thanks hvnlysoldr]

This article was originally published on Joystiq.