Nuveen Buys 91,000 SQFT Safeway-Anchored Redondo Square in Des Moines for $32.1MM

The $32.1 million Redondo Square deal comes as CBRE reports institutional buyers targeting grocery-anchored centers in the Puget Sound region, where Kidder Mathews puts retail vacancy at 3.9 percent. An entity affiliated with Nuveen has paid $32.1 million for the Safeway-anchored Redondo Square Shopping Center in Des Moines, buying the South King County neighborhood center from […]