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Retail
Kennedy's investment in Seattle's downtown retail redevelopment program reinvigorated the city's core that was in desperate need of a high-end super anchor tenant. Working closely with the city and senior officers at Nordstrom, Kennedy negotiated a redevelopment plan that brought the Nordstrom headquarters to downtown Seattle and joined the new flagship Nordstrom store with the repositioned mall. Today the retail property is one of the firm's most successful investments and continues to make notable contributions to the local Seattle economy. Kennedy's retail portfolio currently measures close to $250 million in value and 1 million square feet.
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