**Newmark Arranges Sale of Willamette Marketplace in Oregon**
Newmark has successfully arranged the sale of Willamette Marketplace, a mixed-use property consisting of medical office and retail space in West Linn, a suburb of Portland, Oregon.
Originally developed in 2008, the five-building campus spans 63,078 rentable square feet and is currently 93% leased. The property is anchored by tenants Northwest Primary Care and Goldfish Swim School. Representing the seller were Newmark’s Vice Chairman Nick Kucha, Senior Managing Director James Childress, and Directors Kellen Kollmorgen and Jakob Nicholls.
“Willamette Marketplace is a rare opportunity to acquire a best-in-class, stabilized mixed-use asset with a durable and diverse income stream in one of Portland’s most affluent suburbs,” said Kucha.
Strategically located just off Interstate 205, the property boasts exceptional freeway visibility and seamless connectivity to the greater Portland metropolitan area. The campus includes a three-story medical building alongside four single-story retail buildings, offering a range of shopping options and on-site amenities.
The transaction highlights the ongoing demand for high-quality, well-located mixed-use properties in desirable suburban markets.
