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Cowlitz Economic Authority Acquires 3,000 SQFT Paradise Quick Stop in Ridgefield for $13.64MM in Portland Market’s Largest 2Q Retail Sale
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Cowlitz Economic Authority Acquires 3,000 SQFT Paradise Quick Stop in Ridgefield for $13.64MM in Portland Market’s Largest 2Q Retail Sale
The Cowlitz Economic Authority, the economic development arm of the Cowlitz Indian Tribe, paid nearly $13.64 million for a 3,460 square foot fuel and convenience property at Interstate 5 Exit 16 in Ridgefield, a price approaching $3,941 per square foot that topped every other retail trade in the Portland market last quarter and, along with two similar deals, pulled the entire region’s average sale price sharply upward. The largest retail transac…
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