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Target buys space for store in downtown Seattle
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SEATTLE - Department-store chain Target has bought retail space near Pike Place Market for a store in downtown Seattle.
The seller says the three story, 103,000-square-foot commercial space on Second Avenue between Pike and Union streets will house a smaller-format Target Store.
Target spokeswoman Sarah Bakken says it will be at least a year before the store opens. The Minneapolis-based company first needs to get city permits and reconfigure the space to fit its needs.
County records show Target paid $15.5 million for the property. The purchase includes a 250-stall underground garage.
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Information from: The Seattle Times, http://www.seattletimes.com
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