One of the biggest problems facing the recreational marijuana industry is the availability of retail real estate space. Recently I spoke with a person looking to lease space in the greater Snohomish County area. After talking to some real estate brokers two location seemed ideal.
Located in Lynnwood, the two retail spaces fit the basic criteria of square footage, location, near other businesses, and leasing rate. However, the property owner didn’t want to lease to a recreational marijuana business. (more…)