ISSAQUAH, WA-East Lake Sammamish Center’s 400,000-sf of retail space is nearing completion. Located just north of Interstate 90 at the confluence of and Issaquah-Fall City Road and East Lake Sammamish, the 48-acre property is a fraction of the extensive development going on in the former gravel pits here. Adjacent projects include an office campus, single-family homes, apartments, condos and an assisted living facility.

Fred Meyer will be the new strip mall’s largest anchor. The Portland-OR based chain is constructing one of its new prototype stores, a 165,347-sf full-service property with a grocery and deli, jewelry store, and other departments including housewares, apparel, garden, and home-improvements. Home Depot, the second largest of the two anchor stores, purchased its 12.5 acre pad in the center from Johnson Underwood Properties for $11.75 million. According to records, the home-improvement chain will build a 130,740-sf property there, consisting of a 115,000-sf store and 14,000-sf garden center. In term of overall sales volume, Home Depot is the world’s largest home-improvement retailer.

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?


NOT FOR REPRINT

© 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.

GlobeSt

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.