Simon Property Group Agrees to Acquire Seattle’s University Village Retail Center
Photo: TokenPost
Simon Property Group agreed to acquire Seattle’s University Village, an open-air retail center with more than 100 businesses near the University of Washington. The center is north of downtown Seattle and opened in the 1950s. Its businesses and services include national brands, local boutiques and restaurants. The purchase price and seller were not disclosed. Eli Simon, Simon Property Group’s chief executive officer, president and chief operating officer, said, “This acquisition underscores our focus on owning distinctive, high-quality assets in strong markets.” A Simon subsidiary is expected to complete the acquisition in the fourth quarter of 2026, subject to customary closing…
Source: TokenPost
