Kimco Realty Buys Canyon Ridge Plaza (86,909 SF) in Seattle

SaleRetailSouth King County (Kent / SeaTac / Des Moines)

Reported Oct 20, 2026 · Source: CRE Market Beat

Source: CRE Market BeatRead the full report at CRE Market Beat ↗

Deal details

Buyer
Kimco Realty
Seller
Not disclosed
Price
$19M
Size
86,909 SF
Price per SF
$219 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
South King County (Kent / SeaTac / Des Moines)
Metro
Seattle
Reported date
Oct 20, 2026

Summary

Northmarq arranged the $19M sale of Canyon Ridge Plaza, an 86,909-square-foot retail center at 26015 104th Ave. SE in Kent. The buyer was Kimco Realty.

Summarized from the article; the quoted lines below are from the article itself.

Source: CRE Market Beat

Read the full report at CRE Market Beat. What the article says:

  • Deal
    Northmarq's Pacific Northwest Investment Sales team has arranged the sale of Canyon Ridge Plaza, a multi-tenant retail community center in Kent, Washington.
  • Deal / Price
    Northmarq Arranges $19M Sale of Canyon Ridge Plaza Retail Center in Kent, Washington
  • Size
    The center totals 86,909 square feet and is located at 26015 104th Ave. SE, positioning it within an established retail corridor in Kent.
  • Buyer
    The buyer, Kimco Realty, acquired the property as institutional investors continue to target shopping centers despite broader headwinds in the commercial real estate market.

Article date: 2026-10-20T15:30:42-04:00

Frequently asked questions

Who bought Canyon Ridge Plaza?
Kimco Realty bought Canyon Ridge Plaza in South King County, Seattle, according to CRE Market Beat.
How much did Canyon Ridge Plaza sell for?
The reported price is $19M ($219 per SF, our calculation), per CRE Market Beat.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.