Newmark Arranges Sale of Willamette Marketplace in West Linn, Oregon

September 3, 2025 9:00 AM

Newmark announces the Company has arranged the sale of Willamette Marketplace, a premier mixed-use asset comprising medical office and retail space in the Portland suburb of West Linn, Oregon. Developed in 2008, the five-building campus totals 63,078 rentable square feet and is 93% leased, anchored by Northwest Primary Care and Goldfish Swim School.

Newmark Vice Chairman Nick Kucha, Senior Managing Director James Childress, and Directors Kellen Kollmorgen and Jakob Nicholls represented the seller.

“Willamette Marketplace is a rare opportunity to acquire a best-in-class stabilized, mixed-use asset with a durable and diverse income stream in one of Portland’s most affluent suburbs,” said Kucha.

Willamette Marketplace represented one of the first opportunities over the past decade to acquire an institutionally-owned and operated commercial asset in West Linn. The surrounding community boasts an average household income exceeding $189,000, one of the leading income profiles in the state of Oregon.

Located directly off Interstate 205, Willamette Marketplace offers excellent freeway visibility and immediate connectivity to the greater Portland metro. The campus features a three-story medical building and four single-story retail buildings, providing tenants and customers with a dynamic, one-stop shopping experience with a variety of on-site amenities and services.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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