Retail Properties of America acquires Seattle-area shopping center

• Woodville Plaza is a 171K square-foot grocery-anchored shopping center on the Eastside of the Puget Sound region. RPAI purchased the property for $35.3M.
• The shopping center is 91% occupied and anchored by County Market - a Supervalu concept - and includes tenants like T.J. Maxx and Rite Aid.
• The company now owns more than 1.2M square feet in the Seattle MSA, making the MSA RPAI's 5th-largest market based on square footage.
• Source: Press Release