
Metreon
135 4th Street, San Francisco, CA, 94103, US
29,041 平方米
Jones Lang LaSalle America Inc. (“JLL”), as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire The Shoppes at Gateway (the “Property”) a 698,293 square foot regional retail center in Springfield, Oregon. The Property serves an expansive trade area and is the first-choice location for National tenants. Following the completion of a transformative $42 million capital program in 2015 and an additional $11 million attributed to an ongoing Phase 2 repositioning, the asset has been completely reimagined. The Property is currently 81.4% leased to a host of national retailers including: Walmart Neighborhood Market, Ross Dress for Less, Marshalls, Hobby Lobby, Bass Pro Shop, Ashley Furniture, Petco, Raising Cane’s, and Cinemark. The center’s exceptional foot traffic is bolstered by a top performing Target as a shadow anchor. The Shoppes at Gateway presents Investors with a repositioned asset containing diversified cashflows from a wellcurated tenant roster. The Property offers the rare opportunity to own and control ±59 acres of infill real estate with over 2,600 linear feet of frontage along Interstate 5 (I-5) which see 146,000 VPD.