Pacific West Land signs five new leases, three renewals in May
- Pacific West Land outlined “club deal” terms: 1% one-time acquisition fee, 1% annual management fee, 80/20 profit split favoring investors, $250,000 typical minimum.
- More than a half-dozen 1031 exchanges facilitated over the past three years; Westgate Centre added as another 1031-eligible vehicle.
- Signed five new leases, three renewals in May; includes a 10-year, 2,240 sq. ft. lease at 44 Renton.
- PWREI Puyallup center expected to reach 100% occupancy in the next update following a new El Sazon Mexican Restaurant lease.
- PWREI scorecard snapshot showed occupancies of 78%, 96%, 94%, 98%, 87%, 90% across six centers, with asset values ranging from $2,179,603 to $7,401,127.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific West Land LLC published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.
