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Seattle & Northwest  + Portland  + Retail  |  September 30, 2022
Norris & Stevens Brokers $5M Sale of Tigard Shopping Center
Mark Nieto
By: Mark Nieto

Norris & Stevens Arranges $5M Sale of Tigard Shopping Center

OPI Aloha LLC and RYL Court, LLC have completed the $4.7 million purchase of the Barrows Plaza Shopping Center in the Portland submarket of Tigard, OR. Todd VanDomelen with Portland-based Norris & Stevens, Inc. represented the buyer in the transaction while WG Real Estate Investment Services represented the seller, CFH Limited Partnership.

Constructed in 1998, the 8,000-square-foot retail center is situated on just over 1 acre of land. The facility is located in a walkable neighborhood, with close proximity to housing developments and commuter rail. In addition, the property has a history of long-term tenancy, with over 50% of the space occupied by the same businesses since 1999.

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Norris & Stevens

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.
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