KKR Acquires 143,000 SQFT Former Sears Anchor Property in Portland for $9.1MM as Lloyd Center Redevelopment Advances

143,000 SQFT property completes private equity firm's control of Portland mall site The transformation of aging shopping centers into mixed-use developments continues to reshape Pacific Northwest's retail corridors, with institutional investors increasingly betting on long-term residential conversions despite regulatory hurdles that can stretch timelines by years. KKR Real Estate Finance Trust and its joint venture […]