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Key Facts

Year Built 2007
Occupancy 86.0 %

Property Description

Hazel Dell Towne Center (“the Center”), is a 264,191 square foot, 89% occupied, multi-tenanted community center in Vancouver, Washington (Portland MSA)with high curb-appeal and a diverse and synergistic mix of tenants. Most notable tenants are Target (NAP), Kohl’s, Party City, Gold’s Gym, Petco, Office Depot and Craft Warehouse, providing the Center a variety of uses and retail options that draw significant traffic to the Center. Additional upside can be gained through leasing existing vacancies, which will be made easier with the momentum gained by Gold’s Gym opening in January 2020 as an anchor tenant that will further activate the Center. Furthermore, the Center is newer construction, which will limit the amount of future capital expenditures.

Investment Highlights

Strategically located 264,191 SF center with upside operating in one of the top Portland MSA submarkets.
Nick Kassab
Nick Kassab
Senior Director
Licensed in
WA-109121 OR200702090
Bryan Ley
Bryan Ley
Managing Director
Licensed in
CA-01458927

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