Newmark Facilitates $44M Sale of Grocery-Anchored Retail Center in Washington
Newmark has arranged the $44.1 million sale of South Sound Center, a 384,153-square-foot, grocery-anchored retail center located at 711 SE Sleater Kinney Road in Lacey, Washington. Newmark Executive Managing Director Billy Sleeth represented the seller, Capital Development…
Newmark has arranged the $44.1 million sale of South Sound Center, a 384,153-square-foot, grocery-anchored retail center located at 711 SE Sleater Kinney Road in Lacey, Washington. Newmark Executive Managing Director Billy Sleeth represented the seller, Capital Development…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate transaction involving the sale of a grocery-anchored retail center, representing ordinary market activity with limited broader impact on credit markets or underwriting standards.
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Newmark Facilitates $44M Sale of Grocery-Anchored Retail Center in Washington
Newmark has arranged the $44.1 million sale of South Sound Center, a 384,153-square-foot, grocery-anchored retail center located at 711 SE Sleater Kinney Road in Lacey, Washington. Newmark Executive Managing Director Billy Sleeth represented the seller, Capital Development…