We are pleased to announce that SRM Development has acquired Tabit Village Square on Mercer Island, just east of downtown Seattle.
Tabit Village is a fully occupied shopping center with an excellent location. We will continue to operate the shopping center as we evaluate long term options for the property. Tabit Village is a short walk from the future light-rail station scheduled to open in 2023 as part of the line that will run to Bellevue. The proximity to transit and location in the heart of Mercer Island — one of the premier residential areas in the Puget Sound — make this asset unique and well positioned to benefit from the continued growth of the Bellevue-Seattle market.