Northmarq Brokers Kimco’s $39M sale of Milwaukie Marketplace Retail Center in Milwaukie, Oregon to LPC, PCCP JV

Northmarq has brokered the $39 million sale of Milwaukie Marketplace, a multi-tenant retail center located in Milwaukie, approximately six miles outside Portland. Built in 1989, the center comprises four buildings across nine parcels and totals 185,760 square feet. New Seasons Market anchors the center. Additional tenants at the property include Planet Fitness, Ace Hardware, Dollar Tree, Pietro’s Pizza, UPS, Subway, Taco Bell and Starbucks Coffee. Multiple Letters of Intent (LOI) have been signed on the vacant tenant spaces.

PCCP LLC
Erik Flynn | Partner, Equity/Debt-Pacific Northwest
Lincoln Property Company (LPC)
Kasey Silva | SVP, Development-Pacific Northwest & Mountain West
Kimco Realty Corp (NYSE: KIM)
Carmen Decker | President, Western Region

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