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FinanceIndustry NewsRetail

Kimco Realty Buys 87,000 SQFT Canyon Ridge Plaza in Kent for $19MM

The $19 million sale of Canyon Ridge Plaza closed about $2 million below Northmarq’s $21.15 million asking price, as Kidder Mathews reports Puget...

Street view of the Woodinville city center sign outside of a major shopping area on a cloudy, overcast day
FeaturedIndustry NewsLeasingRetail

Puget Sound Retail Absorbs 231,000 SQFT in Q3 as Vacancy Holds at 3.9%

Puget Sound retailers absorbed a net 231,000 square feet of space in the third quarter, stretching a 2026 recovery that has wiped out...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

New York Buyer Pays $30.5MM for Lake Stevens Marketplace Retail Property From Solana Beach Seller

With Puget Sound retail vacancy near 3.9 percent and few vacancies at the 1993-built center, a New York investor has paid $30.5 million...

Street view of the Woodinville city center sign outside of a major shopping area on a cloudy, overcast day
Industry NewsLeasingRetail

Lviv Croissants Seeks Shopping Center Space in Eight Puget Sound Cities as Ukrainian Bakery Chain Builds Out Its Seattle Base

Ukrainian bakery franchise Lviv Croissants has put out a requirement for 1,700 to 2,600 square feet of shopping center space across eight Eastside...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

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...

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FinanceRetail

PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Canada's Public Sector Pension Investment Board and Nuveen Real Estate have launched a joint venture that has already deployed $790 million across 19...

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Industry NewsLeasingPortlandRetail

Gresham Cinema & Wunderland Leases 17,000 SQFT at Gresham Square, Portland’s Largest Retail Lease of 3Q 2026

Wunderland's 16,707-square-foot deal at Gresham Square topped the Portland market's third-quarter retail leasing, keeping an entertainment anchor in place at an east Multnomah...

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FinanceIndustry NewsRetail

Tourmaline Capital Acquires 384,000 SQFT South Sound Center in Lacey for $44.1MM

Tourmaline Capital paid $44.1 million for the Trader Joe's-anchored Lacey shopping center, ending Capital Development Company's roughly 60-year ownership and betting that Puget...

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CommercialFinanceIndustry News

$13.65MM Refinance Secured for Walmart-Anchored Retail Center in Sherwood, Ore.

A private investor just locked in seven-year, fixed-rate debt on a fully stabilized Portland-suburb shopping center at a moment when insurance-company lenders are...

mall comeback, mall trends 2024, shopping center traffic, retail experiences, future of malls
FinanceIndustry NewsLeasingPortlandRetail

Macerich Readies $372MM for Mall Acquisitions as Oregon Anchors Its Pacific Northwest Position

Macerich has $372 million in unsettled forward equity earmarked for enclosed mall acquisitions at stabilized yields of 9 to 11 percent, a war...

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