Building Wealth

Helping investors make timely commercial real estate decisions that build wealth.

Swanson King / Kidder Mathews

FEATURED LISTINGS

Just Sold

Pocatello Square

A 100% leased community retail center totaling 139,064 square feet. This center is comprised of a stand-alone 47,979 square foot Dick’s Sporting Goods and an additional 91,085 square foot center occupied by Grocery Outlet, Ross, Maurices, JOANN Fabric and Crafts, and Old Navy.

Square Feet 139,064
Under Contract

Goddard School Redmond

Kidder Mathews is pleased to present The Goddard School in Redmond, WA. The building is 10,352 square feet and situated on a 9.41 acre parcel. The Goddard School has successfully operated in this location since it opened in 2011. The Goddard School has a strong presence in early education, with over 600 locations nationwide.

Price $6,567,000
CAP Rate 6.25%
Square Feet 10,352
Price Per SF $633
Just Sold

Creekside Retail Center

The property is 100% occupied with six tenants in a strip retail center built in 1996

Price $3,400,000
CAP Rate 6.75%
Price Per SF $227

LATEST POSTS

The Hottest Real Estate Play Is in Your Neighborhood

Continuing our theme from last month, the Wall Street Journal recently published an article titled The Hottest Real-Estate Play Is in Your Neighborhood. The article highlights the growing popularity of strip retail centers.

Pacific Northwest Strip Retail Remains Strong

The pandemic has profoundly impacted the commercial real estate industry, causing significant challenges across all asset classes. Retail real estate, in particular, has faced uncertainty and disruption. However, despite current lending challenges in commercial real estate, strip centers are emerging as a favored asset class. One reason is their resilience.

ICSC Takeaways

We met with many clients and industry colleagues at the ICSC shopping center convention in Las Vegas last week. Here are a few of our takeaways:

RECAP

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