Colliers Closes Sale of Federal Way Safeway Property
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. Washington office has been a leading conversion market in the cycle, with multiple downtown Class B assets entering office-to-residential programs in the last twelve months. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The second Washington story tracked on the wire in September 2026. All Washington coverage →
- 70 stories mentioning Colliers on the wire in the past 90 days. Colliers coverage →
Computed from Real Estate Trail’s own tracked coverage
A single-tenant, net-leased Safeway property at 28810 Military Road S. in Federal Way, Washington, has changed hands for just over $7.7 million. Barber Family Properties LLC, a California-based investor, acquired the…
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