SimonCRE Acquires WA Retail Plaza for $12M, Plans Redevelopment

Scottsdale, Arizona-based investor SimonCRE has acquired Island Plaza, a 92,112-square-foot shopping center located in Oak Harbor on Whidbey Island, with plans for redevelopment. SimonCRE has already signed a 23,666-square-foot lease with a national soft goods retailer for the center’s largest available space. Island Plaza currently has approximately 5,600 square feet of vacant space, along with ... The post SimonCRE Acquires WA Retail Plaza for $12M, Plans Redevelopment appeared first on