RECENT ACQUISITION LIST
Dickerhoof Properties has been growing dramatically over the past decade. Though we have been involved in construction and property development since 1970, we entered the arena of retail property ownership around 2000 and have acquired and built a current inventory of over 750,000 square foot of retail properties since then. Dickerhoof Properties primary focas is retail projects and is licensed as a real estate brokerage company and acts only as a principal in real estate acquisition. Dickerhoof Properties directly solicits owners of properties we are interested in purchasing and works with licensed Real Estate Brokers from other companies that make us aware of properties.
Below is a list of acquisitions since 2006:
A parcel of land on Bend, Oregon's primary retail artery was acquired when AutoZone offered to assign the project to Dickerhoof Properties to build a new AutoZone. The building was delivered in May and opened in July.
The Garnerville, Nevada Raley's anchored center, with approximately 60,000 sf of retail space and a freestanding Arby's was acquired. This property was purchased with the intent of demolishing the Arby's, expanding and upgrading the Raley's, and giving the in-line portion a facelift. This work is scheduled for spring/summer 2008.
Jefferson Square Shopping Center was acquired in Klamath Falls, Oregon and is attached to a Safeway that is owned by Safeway. This center consists of a 33,000 sf Ross Dress for Less, a 6,000 sf pad building, and a 56,000 sf mall. The Blockbuster in the pad building was downsized and the building renovated for Holliday Jewelry to move in. The mall was closed and has been repositioned for Office Depot, Petco, Famous Footwear, Hallmark, and Borders Express.
An old Ernst Home Store was acquired in The Dalles, Oregon that was 50% occupied by Staples and attached to a Safeway. An addition was done for Big 5 Sporting Goods and the remainder of the vacant space has been remodeled for Petco and other tenants.
A 1.85 acre parcel was bought from Bi-Mart in Prineville, Oregon to build an adjoining Grocery Outlet which was delivered in September.
Two parcels of land where acquired on one of Klamath Falls Oregon's main retail arterials to build an AutoZone and a multi tenant retail building.
3.25 acres of land on Highway 97 in Redmond to build Dollar Tree, Big 5 Sporting Goods, an additional 4112 square feet of in line space, and a fast food restaurant pad.
A 74,000 SF Rite Aid on 5.22 acres was acquired at the best intersection in Corvallis Oregon. This property will be substantially redeveloped into a shopping center in 2008.
A 10,000 square foot former United Furniture Warehouse that was acquired for Big 5 Sporting Goods in Rexburg, Idaho. The building was renovated and opened in October 2007.
The Hanigan Action Chrysler Jeep Dodge property on 4.7 acres was acquired across the street from Super Wal-Mart, Home Depot and Kmart in Ontario, Oregon with a plan of developing a retail center in 2009 and 2010.
The Circle 9 Shopping Center was acquired in Corvallis, Oregon next to an existing 74,000 square foot Rite Aid already owned by Dickerhoof Properties. This 68,000 square foot center will be repositioned in 2008 through 2010.
Two 33,831 square foot parcels were acquired by Dickerhoof Properties located on the north end of the primary retail corridor in Hermiston, Oregon. A Big 5 Sporting Goods was built and opened in the summer of 2008 on the north parcel.
An 18,000 square foot vacant car dealership building located on 2.15 acres in Ontario, Oregon was acquired to be demolished and redeveloped 2011.
6.88 acres was acquired to develop the Red Rock Center across the parking lot from the Super Wal-Mart in Redmond, Oregon.
Ontario - 1.95 acres was acquired from the city of Ontario that adjoins the 4.7 acres acquired in January 2008 across the street from Super Wal-Mart, Home Depot and Kmart in Ontario, Oregon with a plan of developing a retail center in 2011.
The Grandway Center in Winston, Oregon was acquired by Dickerhoof Properties in April 2009 and is located on Winston's premier retail artery. The center consists of a 25,000 sq. ft. Shop Smart supermarket and 10,000 sq. ft. of shop space. During the summer of 2009 the shopping center will be expanded for Dollar Tree and two new shop spaces along with having the facades and site work upgraded.
A 15,000 square foot former grocery store that was acquired with partners for Grocery Outlet in Portland. Oregon. The building was substantially renovated and opened in August 2010.
A 20,400 square foot former Rite Aid was acquired for Big 5 Sporting Goods in Vancouver, Washington. The building is currently being renovated with plans to open in November 2010.
A 12,210 square foot cross dock warehouse on 9.3 acres was acquired for Big 5 Sporting Goods in Salem, Oregon and delivered on April 1st.
A 72,000 square foot former Costco on 3.7 acres was acquired for Big 5 Sporting Goods and JoAnn Fabrics in Warrenton, Oregon. A portion of the property was sold to Fred Meyer. Big 5 opened in November, and JoAnn's will open in January 2012.
A one acre parcel located on Hwy 97 next to the Super Wal-Mart was acquired in June 2011. Construction for a new Petco is scheduled to begin October 2012, and Petco will open in the spring of 2013.
A 12,000 SF parcel was acquired in Albany, Oregon that was previously home to a 4,000 SF restaurant. The building will be demolished to add additional parking for our adjacent center to the east.
The Crossroads Center in Albany, Oregon was acquired by Dickerhoof Properties in June 2012. The center consists of 13,000 SF of shop space and is located on the north side of Pacific Boulevard in Albany, OR. During the summer of 2012 the facade was redone making the center appear new.
A 29,000 SF former lumberyard on 3.9 acres was acquired for Jackson Whole Grocer. The building will be remodeled and expanded to 32,000 SF, and is scheduled to open the fall of 2013.
A 5,000 SF former Hollywood Video pad building was acquired that adjoins the 55,000 SF Columbia River Center acquired in 2006. The building will be remodeled during the fall of 2012 for Verizon, Great Clips, and a local yogurt shop.
Pioneer Crossing, a 73,500 SF center located on the South end of Bend, Oregon was acquired by Dickerhoof Properties in March 2013. The center is home to a 23,000 SF JoAnn Fabrics, a 6,500 SF Boston's Gourmet Pizza, and over 20,000 SF of in line tenants including Subway, Tan Republic, Super Cuts, and On Point Credit Union.