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California Firm Buys Shopping Center As Retail Investors Flock to Greater Seattle

Hyperion Realty Acquires Grocery-Anchored Meridian Place Near Tacoma

A Michaels store is part of the Meridian Place shopping center in Puyallup, Washington. (CoStar)
A Michaels store is part of the Meridian Place shopping center in Puyallup, Washington. (CoStar)

A Los Angeles real estate firm bought Grocery Outlet anchored shopping center south of Tacoma as investors keep snapping up retail properties in greater Seattle.

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