EVERETT, WA-Even though Everett Mall, the 11th largest shopping center in Puget Sound, was placed into receivership by the Snohomish County Superior Court in October, “everything that’s happened since then has been very positive,” says Patricia Curran, leasing manager for the mall.

In spite of the receivership, the mall has been gaining new permanent tenants, which now total 120. The 722,000-sf retail property also has added nearly 50 temporary tenants for the Christmas season, not counting kiosks. Remaining permanent space of 25,000 sf is available for prices ranging from $25 per sf to $50 per sf depending on size and location.

Two years previous, the mall had submitted plans for a 275,000-sf expansion, with a multiplex theater at the heart of the expansion, but the project was put on hold. Curran explained, “The multiplex theater was pivotal to the expansion, but with all the problems in the theater industry, the timing was wrong.” Curran expects to see a remodel of the mall within the next year and a half. “We are very optimistic about where the Everett Mall is going, she says.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.