New owners on the move

January 9, 2007 8:29 am
|    Comments Off on New owners on the move
 |   West Seattle businesses

We got a note wondering about a huge new FOR LEASE sign right behind Safeway @ Jefferson Square. Still haven’t uncovered exactly what’s for lease but we did get a reply from a rep for the center’s new owners, saying there IS open space and reminding us all that the center does have new owners — we don’t remember much local press about it, but Pan Pacific Properties, which bought Jefferson Square two years ago, was purchased a few months back by Kimco Realty, which runs these types of “grocery-anchored” shopping centers around the country (and outside the U.S. as well). Will this mean some change? Keep an eye out. But don’t forget, the center ownership doesn’t actually include the land under Jefferson Square – that’s leased out by Seattle Public Schools.

No Replies to "New owners on the move"

    Sorry, comment time is over.