The Shops at Normandy Park Towne Center

Newmark is pleased to announce the sale of The Shops at Normandy Park Towne Center, a portfolio of three 100% leased, grocery-shadow-anchored neighborhood retail buildings totaling 25,414 square feet, located in the high income suburb of Normandy Park, Washington, just south of Seattle. The property is shadow-anchored by a brand new Grocery Outlet and Ace Hardware.

The three-building portfolio is comprised of service-oriented, daily-needs tenants with long-term leases and contractual rent increases and benefits from high-quality construction, strong access and visibility, and a
diversified tenant roster within a supply-constrained South King County retail trade area.