{"id":1004150806,"date":"2016-08-24T07:16:38","date_gmt":"2016-08-24T15:16:38","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004150806"},"modified":"2020-04-28T02:22:24","modified_gmt":"2020-04-28T10:22:24","slug":"donahue-schriber-goes-shopping-in-silicon-forest","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/donahue-schriber-goes-shopping-in-silicon-forest\/","title":{"rendered":"Donahue Schriber Goes Shopping in Silicon Forest"},"content":{"rendered":"<p><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004150808\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004150808\" data-attachment-id=\"1004150808\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/donahue-schriber-goes-shopping-in-silicon-forest\/cinetopia-at-progress-ridge-townsquare-in-beaverton-oregon\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg\" data-orig-size=\"2738,2075\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;David Papazian&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Cinetopia at Progress Ridge TownSquare in Beaverton, Oregon\" data-image-description=\"&lt;p&gt;Cinetopia at Progress Ridge TownSquare in Beaverton, Oregon&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Cinetopia at Progress Ridge TownSquare in Beaverton, Oregon&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?w=1024\" class=\"wp-image-1004150808 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg\" alt=\"Cinetopia at Progress Ridge TownSquare in Beaverton, Ore.\" width=\"300\" height=\"227\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg 2738w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=300,227 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=768,582 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=1024,776 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=1536,1164 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=2048,1552 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=150,114 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=696,527 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=1068,809 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=1920,1455 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=554,420 554w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg?resize=80,60 80w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004150808\" class=\"wp-caption-text\">Cinetopia at Progress Ridge TownSquare in Beaverton, Ore.<\/p><\/div>\n<p><strong>Portland, Ore.<\/strong>\u2014California-based REIT <a href=\"https:\/\/www.donahueschriber.com\/\" target=\"_blank\" rel=\"nofollow\">Donahue Schriber<\/a> announced it has acquired Progress Ridge TownSquare in an off-market transaction from <a href=\"https:\/\/gramor.com\/\" target=\"_blank\" rel=\"nofollow\">Gramor Development<\/a> of Tualatin, Ore. <a href=\"https:\/\/www.capitalpacific.com\/\" target=\"_blank\" rel=\"nofollow\">Capital Pacific<\/a> brokered the transaction.<\/p>\n<p>The grocery-anchored center is located at the northwest intersections of Barrows Road and Horizon Boulevard in Beaverton, west of Portland. The area is home to companies such as Nike, IBM and Tektronix.<\/p>\n<div id=\"attachment_1004150810\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004150810\" data-attachment-id=\"1004150810\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/donahue-schriber-goes-shopping-in-silicon-forest\/new-seasons-market-at-progress-ridge-townsquare-in-beaverton-oregon\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg\" data-orig-size=\"1728,1296\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;3.3&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;DMC-ZS10&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1343045094&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.3&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.0015625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"New Seasons Market at Progress Ridge TownSquare in Beaverton, Oregon.\" data-image-description=\"&lt;p&gt;New Seasons Market at Progress Ridge TownSquare in Beaverton, Oregon.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;New Seasons Market at Progress Ridge TownSquare in Beaverton, Oregon.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg?w=1024\" class=\"wp-image-1004150810 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg\" alt=\"New Seasons Market at Progress Ridge TownSquare in Beaverton, Ore.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg 1728w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/New-Seasons-Market-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon..jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004150810\" class=\"wp-caption-text\">New Seasons Market at Progress Ridge TownSquare in Beaverton, Ore.<\/p><\/div>\n<p>The 213,849-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\">shopping center<\/a> is anchored by New Seasons Market, a specialty grocer, and Cinetopia, a luxury movie theater featuring 14 screens. Other tenants include Ace Hardware, a variety of fine and casual restaurants, professional and medical services, apparel and other specialty stores. Additionally, Progress Ridge TownSquare stands as a gathering place for area workers and residents of Bull Mountain and other nearby communities.<\/p>\n<p>\u201cThe acquisition of Progress Ridge TownSquare allows us continued growth in key areas of the Pacific Northwest. The center is 98 percent occupied, area demographics and education levels are strong, and New Seasons Market is a dominant grocer who clearly understands what local consumers want. The teams at Capital Pacific and Gramor Development made this a seamless acquisition,\u201d said Jack Steinhauer, vice president of acquisitions and development at Donahue Schriber.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A grocery-anchored center west of Portland sold in an off-market transaction.<\/p>\n","protected":false},"author":237,"featured_media":1004150808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,28440,21749,15],"tags":[],"class_list":["post-1004150806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-portland","category-retail","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Donahue Schriber Goes Shopping in Silicon Forest - 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\/donahue-schriber-goes-shopping-in-silicon-forest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Donahue Schriber Goes Shopping in Silicon Forest\" \/>\n<meta property=\"og:description\" content=\"A grocery-anchored center west of Portland sold in an off-market transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/donahue-schriber-goes-shopping-in-silicon-forest\/\" \/>\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=\"2016-08-24T15:16:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-28T10:22:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2738\" \/>\n\t<meta property=\"og:image:height\" content=\"2075\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\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\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Donahue Schriber Goes Shopping in Silicon Forest\",\"datePublished\":\"2016-08-24T15:16:38+00:00\",\"dateModified\":\"2020-04-28T10:22:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/08\\\/Cinetopia-at-Progress-Ridge-TownSquare-in-Beaverton-Oregon.jpg\",\"articleSection\":[\"Deals\",\"Investment\",\"News\",\"Portland\",\"Retail\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/donahue-schriber-goes-shopping-in-silicon-forest\\\/\",\"name\":\"Donahue Schriber Goes Shopping in Silicon Forest - 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