Sears is just one more example of the seismic shift that’s turned the retail business on its ear.
"The sale was driven by a long-term absolute triple-net lease," says STREAM Capital's Phil DiGennaro. "The private buyer was in a large 1031 exchange and was drawn to the company's headquarters location outside of Pittsburgh.”
As the Seattle economy continues to expand, the demographics in Renton are strong and improving, with a low 3.61% unemployment rate, average income of $77,305 and high-paying employers.
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