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LAKEWOOD, WA-MBK Northwest sells the power center component of the 1 million-sf Lakewood Towne Center to Chicago-based Inland Real Estate Acquisitions. MBK purchased the 100-acre former enclosed mall and strip center in 2001 for $28 million and is in the midst of investing an additional $50 million in its redevelopment.
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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!