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PORTLAND, ORE. — Southgate Shopping Center, a 50,826-square-foot, multi-tenant strip center located in the Southgate area of Portland, has sold to a private buyer for an undisclosed sum.
The center was 97 percent leased at the time of sale to tenants including Office Max, HobbyTown, Round Table Pizza, Starbucks Coffee, H&R Block, Arby’s and Sprint Mobile. Brian Hanson and Nick Kassab of HFF marketed the property on behalf of the seller, ML Commercial Properties Inc.