Entries by Laura Massey

Retail Reader Spring 2018

Oregon’s retail real estate market continues to experience an unprecedented level of activity. From urban areas to small towns, activity is beyond belief, and the numbers show us why. Nationally, retail sales are up 1.7%, year over year. In Oregon, the population increased 1.3% over the past year, topping 4.1 million, and unemployment is at […]

Retail Reader Fall 2017

Oregon’s retail real estate market is on fire with declining vacancies, limited new inventory, and properties changing hands with new owners reinvesting and re-tenanting to enhance returns. But first, the fundamentals. The US economy continues strong with average growth of 2.2% annually since the recession of 2009 (Bureau of Economic Analysis). In Oregon, employment, personal […]

House of Blues Entertainment Coming to Lloyd Center

Lloyd Center was referenced in a recent article about House of Blues Entertainment coming to Portland. The former Nordstrom space in the Lloyd Center may soon be home to a music venue as the aging mall works to reposition itself. House of Blues Entertainment, a subsidiary of ticket-seller Live Nation, has applied for a liquor license […]

Retail Reader Spring 2017

Oregon’s and the Portland metro area’s economies are on fire and continue to shatter records, resulting in strong retail sales, continued local and national tenant expansion and successful retail developments. The decline of retail that we read about in the daily press is having little impact on Oregon’s retail leasing market. No sooner does The […]

Retail Reader Fall 2016

The retail market in Oregon continues strong. New retail centers are opening nearly 100% leased, rents are at historic highs, and national tenants in all categories continue absorbing additional locations. Nationally, retailers are reporting strong comparable store sales. Ulta Beauty is up 16.7%, Ross is up 7.0%, Dick’s Sporting Goods is up 5.2%, The TJX […]