AlbaneseCormier Expands into Washington State with the Acquisition of Blaine International

20150521_141253BLAINE, WASHINGTON – Albanese Cormier Holdings is pleased to announce its expansion onto the West coast with the successful acquisition of Blaine International.

The 130,448 square foot retail center, previously belonging to national REIT Phillips Edison & Company, is located off Route 543 near Interstate 5 in Blaine, Washington.

Blaine International is just 1/2 mile from the international Canadian border. Blaine is a grocery-anchored shopping center and benefits from high traffic counts (19,000 vehicles per day) as well as its proximity to the Pacific Highway Canadian Border Crossing.

Cost Cutter, the property’s anchor, is the only grocer in Blaine and provides a regional draw to the center. Blaine International is the only shopping center in the immediate trade area and draws from both the high border traffic as well as its surrounding communities.

This is Albanese Cormier Holdings’ first property in the state of Washington.

ALBANESE CORMIER HOLDINGS

Albanese Cormier Holdings is a commercial real estate development company currently holding more than 3 million square feet of strategically placed assets throughout Texas, Louisiana, Mississippi, Arkansas, Missouri, Tennessee, Kentucky, Kansas, New Mexico, Illinois, Georgia, Virginia, Florida, Oregon and Washington. For more information about our company or on any other property within the ACH portfolio, please visit www.AlbaneseCormier.com or contact the main office at (409) 892-0200.