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8.14.2006
Capital Pacific Completing Busy Summer
 Despite the much reported rise in the 10-year treasury and resulting slowdown in the industry as a whole, Capital Pacific has maintained velocity. The last 6 weeks has seen a high number of closings and a pace similar to that of year ago. With the 10-year treasury stabilizing, and the performance of the stock market somewhat hit-and-miss, perhaps this is the first signs of a slow recovery from a slow first two quarters of 2006.
Capital Pacific Closings - July/August
| Property Name | Location | Closing Price/Cap | | Colonnade Shopping Center | Kennewick, WA | $25,450,000 / 6.67% | | Oak Hills Mall | Salem, OR | $11,800,000 / 7.78% | | Walgreens | Portland, OR | $7,920,000 / 5.68% | | GI Joe's | Salem, OR | $4,626,000 / 9.41% | | Mattress Firm | San Antonio, TX | $3,815,000 / 7.0% | | Pueblo West Retail Center | Pueblo West, CO | $3,462,000 / 7.64 % | | Oracle Retail Center | Tucson, AZ | $3,300,000 / 7.56% | | Grocery Outlet | Oregon City, OR | $2,850,000 / 6.81% | | Wendy’s | Lovejoy, GA | $1,192,030 / 6.75% | | Starbucks | Boise, ID | $1,218,333 / 6.00% | | Arby's | Kennewick, WA | $1,066,000 / 6.75% |
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