CenterSquare Investment Management, a real asset manager specializing in listed real estate, private equity and debt investments has expanded its Essential Service Retail (ESR) strategy into the Pacific Northwest. The company recently acquired The Farm at Mill Creek, a 38,112-square-foot service property located in Mill Creek – a Seattle submarket.
The Farm at Mill Creek is situated within an established master-planned community with more than 500 multi-family units and boasts the highest combination of three mile demographics within CenterSquare’s ESR portfolio; boasting 115k population with an average income of $147k. All tenants are multi-location operators including Amazon Go, Carbon Health Xfinity and Pure Barre.
The property is prominently positioned on 132nd Street SE – connecting residents to Interstate 5 & downtown Seattle – making it Center Square’s 34th ESR acquisition nationally & first in the Seattle market.
