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Seattle & Northwest  + Washington  + Retail  | 

Donahue Schriber Snares Puget Sound Retail Portfolio

Costa Mesa, CA-based Donahue Schriber Realty Group acquired a portfolio of assets in the surrounding communities of Seattle. The portfolio consists of four grocery-anchored shopping centers totaling 552,125 square feet. Three of the assets were reportedly purchased for more than $126 million.

The properties include:
– Canyon Park Place, a 125,616-square-foot QFC-anchored center in Bothell
– Lakeside at Canyon Park, a 91,048-square-foot Safeway-anchored center in Bothell
– Covington Square, a 151,563-square-foot Safeway-anchored center in Covington
– Point Fosdick Square, a 183,898-square-foot Safeway-anchored center in Gig Harbor

Donahue Schriber’s Pat Donahue says, “The acquisition of these Washington state assets presented Donahue Schriber with the unique opportunity to expand our presence in a marketplace with high barriers to entry. These core, core-plus, value add, and development opportunities serve the exceptionally strong Puget Sound demographic, and will seamlessly align with our company’s West Coast expansion strategy.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition