Oak Street Real Estate Capital Acquires Retail Property In Lakewood, WA For $27M

The retail property located at 8200 Tacoma Mall Boulevard in Lakewood, WA was recently sold in a transaction on 06/09/2023. The asset spans 24,000 square feet and was purchased by Oak Street Real Estate Capital from Maverick Gaming for a total sale price of $27,000,000. This equates to a price per square foot of $1,125.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $27,000,000
• Address: 8200 Tacoma Mall Boulevard, Lakewood, WA
• Market: Lakewood, WA
• Buyer: Oak Street Real Estate Capital
• Seller: Maverick Gaming
• Square Footage: 24,000
• Price per Square Foot: $1,125

Oak Street Real Estate Capital emerged as the buyer in this retail property transaction, while Maverick Gaming acted as the seller. This deal highlights the active real estate market in Lakewood, WA and demonstrates the attractiveness of the retail asset type in the area.