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REDMOND, WA-The proposed sale of the 232,700-sf, three-building campus here is part of the Ch. 11 bankruptcy reorganization of the retailer's Downers, Grove, IL-based parent company Spiegel Inc. The agreement--which needs court approval and may still be superceded by a better offer--includes a three-year, $9.3-million leaseback by Eddie Bauer that can be terminated without penalty after two years.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!