retail building – Daily Journal of Commerce /news/tag/retail-building/ Building and Construction News in Portland, Oregon and the Pacific Northwest Tue, 25 Oct 2022 18:31:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.6 /files/2023/08/favicon.webp retail building – Daily Journal of Commerce /news/tag/retail-building/ 32 32 Heritage Mall in Albany sells for $6 million /news/2022/10/25/heritage-mall-in-albany-sells-for-6-million/ Tue, 25 Oct 2022 18:31:58 +0000 /?p=270882 Perseverance L.L.C. recently completed the $6 million purchase of the Heritage Mall out parcel, located at 1811 14th Avenue SE in Albany.

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(Photo courtesy of Norris & Stevens Inc.)

Perseverance L.L.C. recently completed the $6 million purchase of the out parcel, located at 1811 14th Avenue SE in .

The 20,074-square-foot is part of the Heritage Mall in the heart of downtown Albany. Constructed in 1989, the single-story facility offers tenants frontage on SE Geary Street and includes 118 parking spaces. The Heritage Mall is the epicenter of Albany’s and the region’s retail hub.

Located near both I-5 and Hwy 20, it is surrounded by many restaurants, shops, movie theaters, the city library and state offices.

Portland-based Norris & Stevens Inc. represented the buyer in the transaction. CPX LLC represented the seller.

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