Contact us: / 206-618-1600

Who benefits financially from retail spaces?

By July 18, 2006


A comment was recently left about who benefits financially from the retail spaces below some of the new developments:

Another factor that disuades me from the Vulcan projects is that unlike the Lumen, for example, where QFC’s rent contributes to the homeowners association (IOW, the building), it is my understanding that Vulcan will retain control of all of the retail space and the homeowners association gets nada.

Does anyone know more about situations like this?