An investor with close ties to Bellevue mega-developer F. Kemper Freeman Jr. has bought one of downtown Tacoma’s historic retail cornerstones, the Columbia Bank Building.
But Howard McQuaid said his purchase of the 88,000-square-foot former department store at 1102 Broadway Plaza doesn’t indicate a shift in Kemper Development Co.’s Bellevue focus.
“It was a personal investment,” said McQuaid Tuesday. “There is no connection with Kemper Development Co.”
McQuaid is vice president of leasing and development for Kemper Development and Kemper Freeman’s son-in-law. Kemper Development created the Bellevue Square shopping center and the connected Lincoln Square and Bellevue Place mixed-use developments. …