FB
[email protected]
206-338-3535
Home / Seattle Condos / Queen Anne / Lumen / Who benefits financially from retail spaces?

Who benefits financially from retail spaces?

By July 18, 2006

Lumen

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?

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home

Contact:

206-203-6242