REDMOND, WA – Privately-held national real estate firm Legacy Partners and real estate investment firm Lionstone Investments have obtained a $107.3 million construction loan for the second phase of the Redmond Square Shopping Center redevelopment in downtown Redmond, WA.
The project's first phase, Eastmark Grand, broke ground in October 2021 and will be delivered in Q2 of 2024, and the project's second phase, Eastmark Central, recently broke ground on September 28, 2022 and will be delivered in Q1 of 2025.
The construction loan for Eastmark Central was arranged by New York Life Real Estate Investors.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
