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A 146,888-square-foot retail property in Happy Valley has changed ownership.

CBRE arranged the sale of the property located at 11800 SE 82nd Ave. The property is physically attached to, but legally separate from, the 1.4 million-square-foot Clackamas Town Center regional mall.

CBRE’s Dino Christophilis and Daniel Tibeau represented the seller in the transaction. According to Clackamas County records, the seller was identified as Seritage Growth Properties, based in New York. The purchaser was a private investment group based in Houston, Texas. The purchase price was not disclosed.

After Sears vacated in 2018, DICK’S Sporting Goods partially backfilled the building in 2019, opening for business in October 2020. The remainder of the 146,888-square-foot building remains vacant, including two 15,000-square-foot ground-level retail areas, and a 64,400-square-foot upper-level commercial area, both formerly occupied by Sears. The buyer will look for new retailers to fill the vacant areas.