CBRE arranges for $ 28.8 million for the sale of Kohl’s-Anchored retail center in Vancouver, Washington

Vancouver, Washington – CBRE has arranged the sale of Hazel Dell Towne Center, a 264,000 square foot Kohls-anchored energy center in Vancouver, to Transnational Management for $ 28.8 million. Philip Voorhees, Jimmy Slusher, James Tyrrell, Dino Christophilis and Daniel Tibeau of CBRE represented the seller, a partnership managed by Pine Tree, on the transaction. The Hazel Dell Towne Center at 8801 NE Hazel Dell Ave. is 87 percent let to tenants such as Office Depot, Petco, Party City, Gold’s Gym, Craft Warehouse, America’s Best and Massage Envy. The property is also anchored in shade from Target.