### Northmarq Finalizes $39 Million Sale of Milwaukie Marketplace
Northmarq’s Pacific Northwest Commercial Investment Sales team, led by Kevin Adatto, Sean Tufts, Scott Frank, and Joe Dugoni, has successfully closed the $39 million sale of **Milwaukie Marketplace**, a multi-tenant retail center located at 10830 SE Oak Street in Milwaukie, Oregon.
Northmarq represented the seller and was the sole broker involved in the transaction. “We are excited to have represented a long-standing client in the successful disposition of Milwaukie Marketplace,” said Adatto. “Retail has been a bright spot in the industry, and we look forward to continued demand in the sector through 2025.”
### Prime Retail Space in a Key Location
Originally built in 1989, **Milwaukie Marketplace** spans **185,760 square feet** across four buildings situated on nine parcels. The retail center is strategically located along Highway 224, a primary route that connects Highway 99E and Interstate 225.
### Strong Tenant Roster
The shopping center is anchored by **New Seasons Market**, which recently signed a long-term lease. Other prominent tenants include **Planet Fitness, Ace Hardware, Dollar Tree, Pietro’s Pizza, UPS, Subway, Taco Bell, and Starbucks**.
This transaction highlights the strong interest in retail assets and signals confidence in the Oregon commercial real estate market as demand continues to rise.
