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Cedar-Hills-Crossing-Beaverton-Oregon

Gantry Arranges $61 Million Permanent Financing for Cedar Hills Crossing in Metro Portland

Beaverton, Ore. — Gantry has secured $61 million of permanent, long-term financing in the form of a 10-year loan for Cedar Hills Crossing, a 477,000-square-foot retail center located in Beaverton, seven miles outside of Portland. Blake Hering and Heather Kegler

…

  • October 19, 2022
Barrows-Plaza-Tigard-OR

Norris & Stevens Arranges $4.7 Million Acquisition of Barrows Plaza Shopping Center in Portland Suburb

Tigard, Ore. — Norris & Stevens has brokered the sale of Barrows Plaza, a retail center located at 14200 and 14250 SW Barrows Road in Tigard, a suburb of Portland. OPI Aloha LLC & RYL Court LLC acquired the asset

…

  • September 30, 2022
Petco_Bend_Oregon

Hanley Investment Group Completes Break-Up Strategy at Bend River Village in Oregon

Bend, Ore. — Hanley Investment Group Real Estate Advisors has completed the break-up of Bend River Village, a Petco-anchored shopping center located in Bend. Two parcels of buildings at the center were sold for a combined $12.2 million. In the

…

  • July 11, 2022
Barnes-Noble

BridgeCore Provides $2.6 Million Acquisition Financing for Barnes & Noble Property in Medford, Oregon

Medford, Ore. — BridgeCore Capital has provided $2.6 million in acquisition financing for a Barnes & Noble property in Medford. The fixed-rate financing features a 70 percent loan-to-purchase value and a 12-month term. The undisclosed borrower in the transaction was

…

  • July 1, 2022
Sunset Esplanade

Pine Tree Acquires Sunset Esplanade Shopping Center in Metro Portland for $65.9 Million

Hillsboro, Ore. — Pine Tree, in partnership with a U.S. state pension fund, has purchased Sunset Esplanade, a neighborhood retail center in Hillsboro, about 19 miles from Portland, for $65.9 million. Target, Safeway, Ross Dress for Less, Petco and Starbucks

…

  • March 4, 2022

Faris Lee Arranges $7.3 Million Sale of Single-Tenant Grocery Property in Baker City, Oregon

Baker City, Ore. — Faris Lee Investments has arranged the $7.3 million sale of a single-tenant, 48,239-square-foot Albertsons in Baker City. The tenant had approximately 15 years remaining on its absolute triple-net lease. Chris DePierro, Jeff Conover and Scott DeYoung

…

  • July 15, 2021

Avison Young Brokers $6 Million Sale of Single-Tenant Retail Property in Suburban Portland

West Linn, Ore. — Avison Young has arranged the sale of a single-tenant retail building located at 1855 Blankenship Road in the Portland suburb of West Linn. A Portland-based private investor acquired the property for $6 million from a court-appointed

…

  • April 15, 2021

Nike’s Online Sales Jump 82 Percent Resulting in $10.6B in Quarterly Revenue

Beaverton, Ore. — Nike Inc. (NYSE: NKE), the Beaverton-based footwear giant, has reported its revenues were $10.6 billion for its 2021 fiscal first quarter, which ended Aug. 31. The revenue represents a decrease of 1 percent from the same period

…

  • September 28, 2020

Neville & Butler Commercial Brokers Sale of 47,000-Square-Foot Former Toys ‘R’ Us in Salem, Oregon

Salem, Ore. — Neville & Butler Commercial Real Estate has brokered the sale of a retail building located in Salem. Raider Hill Advisors sold the asset for an undisclosed price. Located at 1200 Lancaster Drive NE, the former Toys “R”

…

  • April 15, 2020

Marcus & Millichap Negotiates $6.2 Million Sale of Broadway Town Square Mixed-Use Asset in Oregon

Salem, Ore. — Marcus & Millichap has negotiated the sale of Broadway Town Square, a mixed-use property located at 1127 Broadway St. NE in Salem. A limited liability company sold the property to an undisclosed buyer for $6.2 million. The

…

  • March 24, 2020

Overbay Development Co. Sells Wagner Mall, Pinebrook Plaza in Bend, Oregon

Bend, Ore. — Overbay Development Co. has completed the disposition of Wagner Mall and Pinebrook Plaza, two shopping centers located in Bend. Western Pacific Holdings acquired the both assets for an undisclosed price. Located at 1800 NE Third St., Wagner

…

  • July 19, 2019

Hone Investments Sells Walgreens-Occupied Property in Central Oregon for $5.7 Million

Cottage Grove, Ore. — Hone Investments has completed the disposition of a retail asset located at 1074 E. Main St. in Cottage Grove in Central Oregon. West Plaza LLC bought the property for $5.7 million. Walgreens occupies the 14,820-square-foot retail

…

  • July 12, 2019
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Industry Content

NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • Northmarq Arranges Acquisition Financing for 388,700-Square-Foot Shopping Center in Montgomery, Alabama
  • Marcus & Millichap Arranges Sale of 105,406-Square-Foot Shopping Center in Northwest Idaho
  • JLL Brokers $24.1 Million Sale of Retail Center in St. Augustine, Florida
  • Blue West Capital Brokers $4 Million Sale of Shops at Belleview in Metro Denver
  • Dollar General Renews 8,000-Square-Foot Lease in Northern Indiana

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