✉news BusinessRetail first seen 1 d ago, last 5 h ago, peak #3

Principal pays over $56M for Sammamish retail-residential property

Original: 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.

Why now: Large commercial real estate transactions in the Seattle region draw attention from local investors and industry watchers tracking where institutional money is moving.

PrincipalSammamishWashingtonSeattle Daily Journal of Commerce

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Evidence

• Principal pays over $56M for Sammamish retail/residential combo · Seattle DJC.com
• Principal pays over $56M for Sammamish retail/residential combo · Seattle DJC.com

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