Keizer-Village-Shopping-Center_Keizer-Ore

Hanley Brokers $13 Million Sale of Keizer Village Shopping Center in Keizer, Oregon

by Hayden Spiess

Keizer, Ore. — Hanley Investment Group Real Estate Advisors has brokered the $13 million sale of Keizer Village Shopping Center in Keizer, roughly 45 miles southwest of Portland. Physiq Fitness and The Thrift Store anchor the property, which totals 76,785 square feet. The center, which was built in 1962 and renovated in 2004, was 99 percent occupied at the time of sale by tenants including Little Caesar’s Pizza, Metro by T-Mobile, Subway and US Market. Kevin Fryman of Hanley, in association with ParaSell Inc., represented the seller — Cumberland Holdings LLC — in the transaction. James Kim of Windermere Real Estate represented the buyer, a private investor. 

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