Northmarq is pleased to present the opportunity to acquire Meridian Place Shopping Center, a 92% leased neighborhood shopping center anchored by a high-performing Grocery Outlet, Michaels, and a brand-new AutoZone Mega Hub store on a 15-year lease with an anticipated fall 2026 opening. The Property is situated along South Meridian in the dominant retail corridor of Puyallup’s South Hill submarket, one of the fastest-growing areas of the greater Puget Sound, and just blocks from South Hill Mall, a 1.1M-square-foot regional destination drawing 8M+ annual visits (Placer. ai). The Property includes three high-visibility retail pad buildings fronting S Meridian, providing long-term optionality in one of Pierce County’s most supply-constrained retail corridors. Continued mark to market leasing opportunities provide for a CAGR of 3.39% over a 10-year hold