Retail assets continue to trade despite the pandemic, but the assets attracting the most attention are often single-tenant buildings home to essential businesses and grocery stores. In a transaction that closed on December 8th but only recently recorded, Carlsbad, Calif.-based Merlone Geier Partners sold off an Edmonds retail property for $23.5 million. The buyer was Boise, Idaho-based WinCo, who also leases the property.
For the full story, go to The Registry Puget Sound.
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