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December 2003 - Capital Pacific recently completed the closing of the Walgreens located in McMinnville Oregon. Capital Pacific was engaged by the developer to facilitate an exit from the completed project. The challenge surrounded matching the high leverage, low yield characteristics of the loan with a 1031 exchange investor with similar criteria.
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December 2003 - Capital Pacific announces the sale of the Dollar Tree/Mattress Outlet in Richland, Washington. The brand new 25,000 square foot retail property is shadow-anchored by Winco Foods.
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December 2003 - Capital Pacific has sold Cascade Plaza an add value asset located in Spokane Washington. The property was 60% occupied as of the day of closing. Capital Pacific successfully negotiated a 2/3 rent guarantee on a new vacancy that arose during the escrow period. Existing tenants included Greenbacks (Dollar Tree), Wells Fargo and Pacific Crescent Quilting.
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December 2003 - Capital Pacific announces the sale of Columbia Commons, an 87,500 square foot office park located in St. Helens, Oregon. After being awarded the exclusive listing, Capital Pacific uncovered a group of investors in the Puget Sound area who completed the transaction with conduit financing.
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December 2003 - Capital Pacific announces the sale of Sunset Square an Albertson's anchored center located on the West-side of Portland.
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December 2003 - Following an extensive redevelopment, Capital Pacific has completed the disposition of the Olympic Gateway Shopping Center to an investment group out of Boise, Idaho. The sale was structured around rental guarantees and involved a complex assumption process that required constant process management by the disposition team to achieve the desired outcome.
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November 2003 - Capital Pacific announced the unveiling of the new package viewing/downloading feature of our listings page. To view available information on any of our listings online, simply click on the words "More Information" below each listing. Look for more exciting features to be added in the coming months.
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November 2003 - Capital Pacific announces the sale of a free standing Dollar Tree, located in Washington. The freestanding NNN building was constructed in 2003 and is located adjacent to a Super Wal-Mart. By sourcing Capital Pacific's proprietary database, multiple offers were generated with a successful close in less than 60 days.
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October 2003 - A private regional investment company engaged Capital Pacific to market exclusively for sale the Bi-Mart anchored Palisades Shopping Center in Madras Oregon. Capital Pacific located a repeat partnership client whose investment criteria matched the offering. The sale was closed within 75 days.
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October 2003 - Capital Pacific announces the sale of Cleveland Square a retail/office center located in Gresham, Oregon. Structuring a marketing plan that sourced regional buyers of similar centers combined with regional 1031 investors, Capital Pacific was able to generate multiple offers that lead to a successful close in less than 45 days.
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October 2003 - Capital Pacific announces the exclusive listing of Fred Meyer Plaza Shopping Center anchored by Hollywood Video and Schuck's Auto. Confidential offering memorandums will be available the third week of November.
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October 2003 - Capital Pacific announces the exclusive listings of Barrow's Crossing and Doctor's Park Medical Office. Barrow's Crossing is a grocery shadow anchored strip in the Portland area, and Doctor's Park is a medical office in central Oregon. Both offer investors 100% occupied assets, with NNN leases that ease management responsibility for an owner.
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October 2003 - Capital Pacific is awarded the exclusive listing on Farmington Village. A neighborhood retail center shadow anchored by Albertson's and Bi-Mart. Farmington Village offers an investor a well-seasoned retail center, located on a major signalized corner, with significant opportunity to add value.
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October 2003 - Capital Pacific completes a successful sale/leaseback transaction with a regional Puget Sound gas station operator on a high volume location in Puyallup, Washington. The Capital Pacific team uncovered a regional 1031 exchange buyer out of Oregon who completed the transaction with conventional bank financing.
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October 2003 - Capital Pacific announces the sale of McMinnville Plaza Retail Center in McMinnville Oregon - a grocery anchored community shopping center. Capital Pacific executed a marketing plan that generated multiple offers for this institutional asset in a secondary market.
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September 2003 - Capital Pacific closes the sale of Powell Professional Plaza in Portland, Oregon. Using a focused marketing plan, this multi-tenant retail/office property sold in 30 days, generating a selling CAP rate that exceeded the expectations of the Seller.
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September 2003 - Using Capital Pacific's unmatched coverage within even the smallest tertiary markets in Oregon, Capital Pacific closed the sale of a multi-tenant shadow anchored strip retail center in Klamath Falls. The sale closed within 45 days.
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August 2003 - Capital Pacific sells the Alderwood Target Plaza in Lynnwood, Washington. Using their proprietary database, the principals of Capital Pacific uncovered an Oregon 1031 exchange investor for this multi-tenant retail strip adjacent to a Target.
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August 2003 - Capital Pacific was awarded the exclusive listing on the RiverPlace Portfolio in downtown Portland. Consisting of retail, office, and marina components, this city landmark was marketed on an "unpriced" basis. To meet the needs of the owner, Capital Pacific will execute a very controlled marketing plan for this rare opportunity to purchase a trophy asset in downtown Portland.
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July 2003 - Capital Pacific Announces the sale of the Petsmart in Salem, Oregon - Proving our ability to create the market and match local buyers to local product, the Property was sold to 1031 exchange investor working closely with Capital Pacific to locate a NNN leased investment in their immediate sub-market.
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July 2003 - Capital Pacific announces the sale of Highland Square retail strip center in Hermiston, Oregon. The Capital Pacific team executed a focused marketing plan that sourced the logical regional buyer from within their proprietary database.
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June 2003 - Capital Pacific was awarded the exclusive listing of the Bridgetown Office Building - a 100% leased investment in the Pearl District of Downtown Portland.
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June 2003 - Capital Pacific announces the sale of Walgreen's in Everett, Washington. The sale involved the assumption of an above-market conduit loan.
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June 2003 - Capital Pacific announces the completion of the expansion of their current office, adding a larger conference room for client meetings, and two new offices nearly doubling the square footage they previously had.
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June 2003 - Capital Pacific announces the sale of Schuck's Auto Parts in Longview. Capital Pacific represented the buyer and seller in the all-cash transaction, which closed 6 days from the open of escrow.
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June 2003 - Capital Pacific announced the sale of Marie Callender's in Salem, Oregon. Capital Pacific represented a regional 1031 exchange buyer, helped arrange financing, and the transaction closed in 45 days.
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May 2003 - Capital Pacific announced the sale of Roger's Square an Albertson's anchored retail strip in Gresham, Oregon. Capital Pacific was able to add value to this transaction with a regional retail buyer, by negotiating a renewal lease with an existing bank tenant.
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May 2003 - Capital Pacific announced the sale of Big 5 Sporting Goods in Sequim, Washington. Capital Pacific represented both sides of this transaction with a regional 1031 buyer.
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May 2003 - Capital Pacific announced the sale of Baker Street Square in McMinnville, Oregon to a regional 1031 exchange investor. During the initial marketing, the grocer anchor within the property vacated their premises. Capital Pacific then helped to assemble a team of leasing experts that were successful in leasing the entire anchor space to a national tenant on a new 10-year lease. Capital Pacific completed the sale, ultimately netting the seller proceeds in excess of their expectations.
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April 2003 - Capital Pacific was awarded the exclusive listing of Sunset Square, Hillsboro, Oregon. A grocery anchored retail center well located in one of Oregon's tightest retail markets.
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April 2003 - Capital Pacific was awarded the exclusive listing of Columbia Commons. An add-value office investment located in St. Helens, Oregon. The property is priced at a 9% CAP on actual income, leaving tremendous upside to the investor in the remaining leasable space.
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March 2003 - Capital Pacific announced the sale of Arby's Restaurant in Yakima, Washington. Capital Pacific sourced a motivated local buyer in a 1031 exchange for this NNN investment which was owned by a successful regional franchisee. The deal was structured as a sale/leaseback transaction which created liquidity for this owner/operator.
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March 2003 - Capital Pacific announced the sale of Big 5 Sporting Goods retail center in Spokane, Washington. Capital Pacific structured a sale with a 1031 exchange investor to maximize value to the seller while preserving excellent intrinsic value to the buyer.
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March 2003 - Capital Pacific was awarded the exclusive listing on the Old Spaghetti Factory restaurant, Fairfield, OH.
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February 2003 - A joint venture that recently completed the re-development of Olympic Gateway Plaza announced that Capital Pacific will exclusively represent their interests in the disposition of the approximately 142,000 square retail center for approximately $14.3M.
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February 2003 - Capital Pacific announced that they successfully represented Pacific NW Properties in the sale of the 100,400 square foot high-cube Pacific Foods Warehouse for $5.8M, Sherwood, OR. A 15-year absolute NNN lease encumbered the industrial warehouse.
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February 2003 - Capital Pacific announced that they represented all parties in the disposition of Parkway Supercenter for $88.3M, Seattle, WA. Parkway Supercenter is a 456,000 square foot institutional quality power center with tenants including Best Buy, Old Navy, Babies R' Us, Ross, Cost Plus, Michaels, T.J. Maxx, Red Robin, Starbucks and more.
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January 2003 - Capital Pacific was awarded the exclusive listing of the Walgreen's in Everett, WA. The pricing accounts for an above market assumable loan and offers a rare opportunity to purchase a Walgreen's for less than $4M.
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January 2003 - Capital Pacific has been awarded the exclusive listing on Garden Ridge, Houston, TX. This is a 20 year absolute NNN lease priced at $10.4M.
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January 2003 - Capital Pacific has sold the Northrup Medical Plaza for $2.9M, Portland, OR. This medical/office and retail building is located along NW 23rd Ave and was 100% occupied.
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January 2003 - Capital Pacific announced the sale of Village East Shopping Center for $15.8M, Salem, OR. Village East is a 135,000 square foot Albertsons-anchored center that includes Boarders Books, Big 5 Sporting Goods, Outback Steak House and others.
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