Recent Acquisition List

Dickerhoof Properties has been growing dramatically over the past several years. 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 700,000 square foot of retail properties since then. Dickerhoof Properties is now focused on retail projects only and is licensed as a real estate brokerage company and acts only as a principal in real estate acquisition. Dickerhoof Properties often directly solicits owners of properties we are interested in purchasing and routinely works with licensed Real Estate Brokers from other companies that make us aware of properties we are interested in acquiring.

Below is a list of over $35,000,000 in acquisitions since 2006:

January 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.

March 2006:
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.

May 2006:
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.

June 2006:
A 1.85 acre parcel was bought from Bi-Mart in Prineville, Oregon to build an adjoining Grocery Outlet which was delivered in September.

January 2007:
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.

February 2007:
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.

April: 2007
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.

September 2007:
A 10,000 square foot former United Furniture Warehouse that was acquired for Big 5 Sporting Goods who opened for the 2007 holiday season in Rexburg, Idaho.

January 2008:
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.

February 2008:
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.

March 2008:
An 18,000 square foot vacant car dealership building located on 2.15 acres in Ontario, Oregon was acquired to be demolished and redeveloped later in the year.

April 2008:
6.88 acres was acquired to develop the Red Rock Center across the parking lot from the Super Wal-Mart in Redmond, Oregon.

February 2009:
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 2009 and 2010.

April 2009
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.