California Firm Buys Shopping Center As Retail Investors Flock to Greater Seattle
A Los Angeles real estate firm bought Grocery Outlet anchored shopping center south of Tacoma as investors keep snapping up retail properties in greater Seattle.
An affiliate of Hyperion Realty Capital paid just under $30 million to buy the Meridian Place shopping center at 4417-4426 S. Meridian Place in Puyallup, a suburb southeast of Tacoma, according to Pierce County records.