Simon to buy prominent Seattle shopping center

The company that owns Columbia Center mall in Kennewick is about to expand its portfolio with another notable retail property in the state.

Simon Property Group recently announced its intent to purchase the University Village shopping center in Seattle, according to Washington Retail. Terms of the deal haven’t been disclosed by Simon said it intends to close on the purchase by the end of 2026.

In announcing the planned acquisition, Simon CEO Eli Simon described University Village as an exceptional retail destination and said the company looks forward to building on its success for shoppers, retailers and the greater Seattle community…

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