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Shopping Center Investor Pine Tree Adds to Oregon Portfolio With Greater Portland Buy

Investor Notes Proximity to Developments, Gets Price Slightly Below Market
The Sunset Esplanade shopping complex in Portland, Oregon’s western suburbs has been sold for $66 million to an Illinois investment firm. (Brian Lee/CoStar)
The Sunset Esplanade shopping complex in Portland, Oregon’s western suburbs has been sold for $66 million to an Illinois investment firm. (Brian Lee/CoStar)
CoStar News
March 7, 2022 | 10:41 P.M.

(This story included an incorrect number of parcels in the transaction and the center’s vacancy rate. It was corrected on March 9 to say 10 parcels and to remove the reference to the vacancy rate reference.)

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