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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.