{"id":1004131116,"date":"2015-11-11T07:10:48","date_gmt":"2015-11-11T15:10:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004131116"},"modified":"2020-05-10T22:12:59","modified_gmt":"2020-05-11T06:12:59","slug":"portland-power-center-gets-177m-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/","title":{"rendered":"Portland Power Center Gets $177M Financing"},"content":{"rendered":"

By Ioana Neamt, Associate Editor<\/em><\/p>\n

\"Lloyd<\/a>

Lloyd Center – Portland<\/p><\/div>\n

HFF<\/a> has arranged a financing commitment worth $177 million for Lloyd Center<\/a>, a regional shopping center in the city of Portland. Working on behalf of Cypress Acquisition Partners Retail Fund\u2014and affiliate of Dallas-based Cypress Equities<\/a>\u2014HFF placed the floating-rate loan through an affiliate of KKR Real Estate Finance Trust Inc.<\/p>\n

According to the brokerage firm, loan proceeds will be directed towards facilitating new leasing and completing a capital improvement plan which started in 2014. Devised by local firm Waterleaf Architecture, Interiors and Planning<\/a>, the plan includes converting previous retail space to office space, reconfiguring the Lloyd Center Ice Rink and updating the food court, flooring, entrances and storefronts. The current renovation plan also includes improvements to the lighting and mechanical systems to ensure energy-saving efficiency.<\/p>\n

Located at 2201 Lloyd Center with easy access to both Interstate 84 and Interstate 5, the retail center is anchored by Marshalls, Macy\u2019s and Sears. Lloyd Center\u2019s tenant roster includes more than 130 tenants, such as Barnes & Noble, H&M, and a variety of office tenants across three floors. The center previously underwent renovations back in 1991 and 2006.<\/p>\n

An HFF team led by Director Cullen Aderhold, Senior Managing Director Trey Morsbach and Managing Director Tom Wilson represented the borrower in the deal.<\/p>\n

Image via the Lloyd Center Facebook page<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A 1.27 million-square-foot retail center in Portland\u2019s Lloyd District has secured $177 million in financing through HFF.<\/p>\n","protected":false},"author":192,"featured_media":1004131117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21742,21749,1610],"tags":[],"class_list":["post-1004131116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-latest","category-retail","category-seattle"],"acf":[],"yoast_head":"\nPortland Power Center Gets $177M Financing - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portland Power Center Gets $177M Financing\" \/>\n<meta property=\"og:description\" content=\"A 1.27 million-square-foot retail center in Portland\u2019s Lloyd District has secured $177 million in financing through HFF.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-11T15:10:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-11T06:12:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/\"},\"author\":{\"name\":\"Ioana Neamt\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"headline\":\"Portland Power Center Gets $177M Financing\",\"datePublished\":\"2015-11-11T15:10:48+00:00\",\"dateModified\":\"2020-05-11T06:12:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/\"},\"wordCount\":234,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/1476293_10151792259811024_985600531_n.jpg\",\"articleSection\":[\"Deals\",\"Finance\",\"News\",\"Retail\",\"Seattle\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/\",\"name\":\"Portland Power Center Gets $177M Financing - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/1476293_10151792259811024_985600531_n.jpg\",\"datePublished\":\"2015-11-11T15:10:48+00:00\",\"dateModified\":\"2020-05-11T06:12:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/1476293_10151792259811024_985600531_n.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/1476293_10151792259811024_985600531_n.jpg\",\"width\":960,\"height\":960,\"caption\":\"Lloyd Center\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/portland-power-center-gets-177m-financing\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Portland Power Center Gets $177M Financing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\",\"name\":\"Ioana Neamt\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g\",\"caption\":\"Ioana Neamt\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/ioana-neamtyardi-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Portland Power Center Gets $177M Financing - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/","og_locale":"en_US","og_type":"article","og_title":"Portland Power Center Gets $177M Financing","og_description":"A 1.27 million-square-foot retail center in Portland\u2019s Lloyd District has secured $177 million in financing through HFF.","og_url":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-11-11T15:10:48+00:00","article_modified_time":"2020-05-11T06:12:59+00:00","og_image":[{"width":960,"height":960,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg","type":"image\/jpeg"}],"author":"Ioana Neamt","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/"},"author":{"name":"Ioana Neamt","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/993af2799cdaf5162633d320cf63ff16"},"headline":"Portland Power Center Gets $177M Financing","datePublished":"2015-11-11T15:10:48+00:00","dateModified":"2020-05-11T06:12:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/"},"wordCount":234,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg","articleSection":["Deals","Finance","News","Retail","Seattle"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/","url":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/","name":"Portland Power Center Gets $177M Financing - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg","datePublished":"2015-11-11T15:10:48+00:00","dateModified":"2020-05-11T06:12:59+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/993af2799cdaf5162633d320cf63ff16"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg","width":960,"height":960,"caption":"Lloyd Center"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/portland-power-center-gets-177m-financing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Portland Power Center Gets $177M Financing"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/993af2799cdaf5162633d320cf63ff16","name":"Ioana Neamt","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g","caption":"Ioana Neamt"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/ioana-neamtyardi-com\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/1476293_10151792259811024_985600531_n.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004131116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/192"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004131116"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004131116\/revisions"}],"predecessor-version":[{"id":1004432965,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004131116\/revisions\/1004432965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004131117"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004131116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004131116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004131116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}