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September 26, 2023

URG now working with ZGF to reposition old Portland mall

Real Estate Editor

Rendering by ZGF [enlarge]
The three-story covered mall now has about 1.1 million square feet, with some 120 tenants.

Down in Portland, east of the Willamette River, is the old Lloyd Center shopping mall. Lender KKR Real Estate Finance Trust acquired the 29-acre property two years ago, after foreclosing on the loan. It then announced it would partner with Urban Renaissance Group to reposition the old property at 2201 Lloyd Center into a new mixed-use future.

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