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Seattle Daily Journal of Commerce
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- 1Principal pays over $56M for Sammamish retail-residential property▼Principal pays over $56M for Sammamish retail/residential combo
Principal has bought a combined retail and residential property in Sammamish, Washington for more than $56 million, according to the Seattle Daily Journal of Commerce. The deal adds to a series of institutional acquisitions in the Seattle area's Eastside suburbs, where mixed-use retail and housing assets remain attractive to investors despite broader uncertainty in the commercial real estate market.
- 2
The US Senate has approved legislation transferring more than 1,000 acres of land to the Lower Elwha Klallam Tribe in Washington State. The move, reported by the Seattle Daily Journal of Commerce, represents a significant step in tribal land restoration and self-determination, returning territory to the tribe on the Olympic Peninsula.