Target Acquires Retail Space in Downtown Seattle

Target Acquires Retail Space in Downtown Seattle

  • Jeff Reynolds
  • 07/31/10

Downtown Seattle just received a nice shot in arm. The Seattle Times is reporting that Target Corp, the big box retailer has aquired a fantastic three story space in the Downtown Seattle corridor. Considered by many as the West Edge, this 2nd and Pike location is a phenomenal space for the large retailer. It will be at the base of the Newmark Condominium tower.

It is reported that Target paid $15.5 million for the property, according to King county records. The purchase also includes a 250-stall underground garage. While it may be close to two years before the store is built this is a tremendous upgrade for many condominium owners. As the City of Seattle continues the urbanization of its downtown core, many condo owners will benefit.

A few projects within blocks of the new store include:



​​​​​​​Four Seasons



​​​​​​​Market Place Tower

​​​​​​​98 Union

​​​​​​​Madison Tower

​​​​​​​Millenium Tower

Work With Jeff

Jeff Reynolds is a real estate broker with Compass Seattle. Jeff is the founder of UrbanCondoSpaces and he leads Seattle’s number one condo team. UCS is a blog specializing in Urban Living. Contact Jeff to see homes for sale, to sell your condo, or to simply learn more about the Seattle Real Estate market.

Follow Me on Instagram