Hayford Crossing Airway Heights

Challenge

Hayford Crossing is a 42,965 SF grocery-anchored retail center built in 2016 in Airway Heights, WA. Our team was engaged to represent a buyer seeking to acquire the property. Because the transaction was structured as an off-market sale, the buyer needed a team with direct relationships and the ability to source, evaluate, and close on an asset that was never publicly listed.

Action

Our team identified Hayford Crossing as a strong fit for the buyer and worked directly with the seller to structure a transaction outside of the open market. We coordinated due diligence on the grocery-anchored center, guided the buyer through the evaluation of the asset, and negotiated terms that worked for both parties. Keeping the process off-market required clear communication and a disciplined approach to moving the transaction forward without the structure of a formal marketing campaign.

Result

• Sourced and closed an off-market acquisition of a 42,965 SF grocery-anchored retail center
• Sale price: $9,300,000 ($216 per SF)
• Successfully represented the buyer through a direct, off-market process with the seller present