search
Seattle Daily Journal of Commerce
Trends
- 1Principal buys $56M Sammamish retail-residential property▼Principal pays over $56M for Sammamish retail/residential combo
Investment firm Principal has paid more than $56 million for a combined retail and residential property in Sammamish, Washington, according to the Seattle Daily Journal of Commerce. The deal underscores continued investor interest in mixed-use real estate across the Seattle area's eastern suburbs, where well-located retail with housing above has drawn institutional buyers.
- 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.