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Number of stores in U.S
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Brand Deck
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Description

WaFd Bank: A Premier Regional Anchor Tenant for Western US Commercial Developments WaFd Bank, a long-standing powerhouse in the financial services sector, offers developers and landlords a high-credit, stable Anchor Tenant opportunity with a primary geographic footprint spanning Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. Following its strategic acquisition of Luther Burbank Savings, the bank is aggressively pursuing National Expansion with a specific focus on high-growth California markets and core mountain-west hubs like Boise, Salt Lake City, and Tucson. WaFd Bank typically seeks high-visibility Tenant Representation for modern, technology-forward branch designs that blend digital efficiency with personalized community banking. Their site selection strategy favors high-traffic retail corridors, grocery-anchored centers, and prominent corner outparcels that accommodate drive-thru ATM services. As a community-oriented institution with over $28 billion in assets, WaFd Bank provides an institutional-grade covenant and a "digital-first" retail experience that drives consistent daily consumer traffic to neighborhood lifestyle and power centers.

Brand Category

Service

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Site criteria

Size range

100 - 300 SF

Ideal size

200 SF

Optimal frontage

100 LF

Basic requirements

Target markets

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Preferred anchors

  • Example

Preferred co-tenants

  • Example

Preferred traffic generators

  • Food
  • Entertainment

Preferred location type

  • Street
  • Lifestyle
  • Grocery

Preferred building type

  • Free-standing
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