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California investor adds to shopping center holdings in Washington

Tourmaline Capital buys South Sound Center in Lacey
Capital Development sold the 31-acre South Sound Center in Lacey, Washington. (Newmark/Nick Grier Photography)
Capital Development sold the 31-acre South Sound Center in Lacey, Washington. (Newmark/Nick Grier Photography)
CoStar News
August 21, 2026 | 10:52 P.M.

A San Diego-based real estate investment firm expanded its holdings in western Washington with the purchase of a nearly 400,000-square-foot shopping center in Lacey, near the state capital of Olympia.

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