Summercrest Plaza Closes on Target
 Capital Pacific has completed the disposition of Summercrest Plaza, a 28,000-square-foot strip center located on Hart Road in Beaverton, OR. The property was 97% occupied at the time of purchase. Tenants include Plaid Pantry and Goodwill. Capital Pacific represented both parties in the transaction. Summercrest Plaza is another example of Capital Pacific’s ability to accurately assess the value of an asset, effectively market to the right investors, and act efficiently throughout the sales process. • Capital Pacific closed within 1% of the initial asking price. • Capital Pacific sourced a local investor seeking an infill asset with dependable returns and additional upside. • Escrow closed promptly in 29 days • All parties worked closely to overcome multiple moving parts during the transaction, including seller financing. |