The Registry Ranks: Puget Sound Retail for Private-Capital Buyers — Buy the Northend, Fear the Freestanding Bid

Direct vacancy is 3.9%, third-quarter absorption was positive 231,000 SQFT, and only 176,000 SQFT is under construction. We ranked nine Puget Sound retail submarkets and formats for one specific buyer, a private-capital investor writing a $15–40 million check for a stabilized grocery-anchored or necessity center, and the Eastside did not win.