Reed's Crossing Town Center — Sale in Hillsboro, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Hillsboro, OR 97123

Description

Located in the heart of South Hillsboro Reed’s Crossing Town Center encompasses 10.3 acres of commercial development, and it will feature 104,000 square feet of retail, restaurant, fitness and wellness, and retail services. The Town Center resides within SoHi’s 30 acre master planned commercial district that will include high density housing, daytime employment and 100,000 square feet of medical and community wellness facilities.

Market Context

This retail in Hillsboro, OR is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Hillsboro, OR — view the full market.

As of Q1 2026, the Portland retail market showed a 10.0% vacancy rate, average asking rents near $45.00/SF/yr, rents up 16.0% year over year, and cap rates around 6.4%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Portland?
About 6.4% as of Q1 2026, per multiple brokerage reports.
Is the Portland retail market tightening or softening?
Vacancy is around 10.0%, with asking rents rising year over year (Q1 2026).

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