HomeGoods to Open Store at Gresham Station Retail Center
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
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On the RET wire
- Disclosed retail deal value tracked in August 2026: $1.8B across 79 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
HomeGoods has signed a retail lease in the Portland market, committing to 18,300 sqaure feet at Schnitzer Properties’ Gresham Station Shopping Center in Gresham, Oregon. The HomeGoods store will open in the summ…
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