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October 2, 2014

Market at Lake Tapps sold for $17M

An LLC based in Ketchum, Idaho, called Boardman paid $16.6 million for Market at Lake Tapps, a Walmart-anchored shopping center at 19420 State Route 410 in Bonney Lake.

The seller is an entity managed by Matthew Felton of Bellevue.

Capital Pacific brokered the sale.

The shopping center is 92 percent leased. Other tenants are Office Depot, Starbucks and Bank of America.




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