Press Release | 12.30.2022

GLR closes Vancouver Retail

Ground Lease REIT has closed on a ground lease to facilitate the development of grocery-anchored retail center in Vancouver, Washington. The retail development is anticipated to feature 75,000 square feet and break ground in Q1 2023. The development is centrally located in a high traffic corridor in a highly desirable and affluent submarket of Vancouver that is underserved from a retail and grocery perspective.