Hilco Sets Deadline for Bankruptcy Sale of Ice Arena Complex

Hilco Real Estate, LLC set July 12, 2023, as the qualified bid deadline for the Chapter 11 bankruptcy sale of a turnkey ice-skating complex in Sherwood, Oregon. Located 16 miles outside of Portland, the 51,000-square-foot ice arena features a National Hockey League regulation-size sheet of ice, a pro shop, a beer garden, grandstands, and concessions.

The property has retail space on the first floor and offices on the second, offering eight additional revenue-generating lease opportunities at an estimated potential gross revenue of $823,000 based on the market evaluation. Additionally, the site has room for future expansion on the 4.5-acre lot.

This sale is being conducted by Order of the U.S. Bankruptcy Court District of Oregon. Rochford, senior vice president of business development at Hilco Real Estate, states, “We believe this property adds significant value to the community and will continue to draw revenue and garner expanded interest from both local and regional winter sports enthusiasts.”