Development Company of the West

Contact details

• Mailing address: 900 SW 13th Avenue, Suite 90, Portland, Oregon 97205
• Phone: 503.807.5927
• Email: mark@devcowest.com

How to get in touch

For questions about retail development opportunities, property management, or available projects, contact Development Company of the West, Property Services by phone or email using the details above.

• The Portland, Oregon metro area.
• The broader Willamette Valley.

Typical clients

The company works with a range of stakeholders involved in retail real estate, including:

• Retail property owners and investors.
• National and local retail tenants.
• Community advocates and neighborhood stakeholders interested in retail opportunities.

Property types

Projects have included:

• Grocery-anchored retail centers.
• Health clubs.
• A historic office building in downtown Portland.
• Single-tenant retail buildings.
• Multi-tenant retail centers and sites with multiple food trucks.

Services

Property acquisitions and disposition

• Help evaluating whether to buy or sell a retail property.
• Identification of prospects for acquisition.
• Assistance in establishing market value for existing retail properties.
• Support aimed at achieving the highest possible sales price during disposition.

Planning and development

• Guidance on navigating the Portland metro area's complex zoning and development laws and regulations.
• Assistance in obtaining local governmental approvals for projects.
• Strategies and solutions tailored to help meet project-specific goals.
• Support with coordinating the intersection of City, County, Metro, and State planning goals so a property's path forward is clear and projects keep moving.

Property management

Development Company of the West, Property Services provides property management services for retail properties across the Portland metro area. Typical services can include:

• Handling of accounts payable and accounts receivable, including rent collection and bill payment.
• Creation and management of the operating budget for the property.
• Controlling costs, where possible, for physical and ancillary services.
• Financial reporting on a monthly, quarterly, and annual basis.
• Managing contracts with third-party vendors such as landscaping, HVAC, and roofing providers.
• Oversight of special projects, where necessary.

• Address: 3582 SE Powell Blvd, Portland, Oregon 97202.
• Description: A neighborhood retail center often described as the "neighborhood living room."
• Example tenants: John's Marketplace, Dollar Tree, Cynergy E-bikes, Orangetheory Fitness, Chipotle, and multiple food trucks.

West Salem

• Address: 1060 Wallace Rd NW, Salem, Oregon 97304.
• Description: Redevelopment of a former bank into a Chipotle Mexican Grill.
• Status details: Managed and acquired in 2022, redeveloped in 2022, and opened in 2022.
• Current tenant: Chipotle Mexican Grill.

Downtown – Photo Art Building

• Address: 900 SW 13th Avenue, Portland, Oregon 97205.
• Description: Renovation of a historic downtown building.

Glisan – MudBay and Vinpolis

• Address: 1610 NW Glisan Street, Portland, Oregon 97209.
• Description: Renovation of the former Sony Only building into retail space for tenants including MudBay and Vinopolis.

Northwest – Jack in the Box

• Address: 2260 NW Wilson Street, Portland, Oregon 97210.
• Notes: Jack in the Box location; sold in 2023.

Parkrose – Dollar Tree and Grocery Outlet

• Address: 10721 SE Sandy Blvd, Portland, Oregon 97220.
• Notes: Retail center developed in 2015 and sold in 2017.

St. John's – Grocery Outlet

• Address: 7741 N Lombard Street, Portland, Oregon 97203.
• Notes: Retail property redeveloped in 2011 and sold in 2014.

Corvallis – Panera Bread

• Address: 335 NW 4th Street, Corvallis, Oregon 97330.
• Type: Fee-developed property.
• Completion: 2013.

Ace Hardware Center

• Address: 7825 N Lombard Street.
• Completion: 2012.

Pearl District – 24 Hour Fitness

• Address: 1240 NW Johnson Street.
• Ownership: Shared ownership.
• Acquisition: 2003.

Tualatin

• Address: 17942 SW McEwan Road, Tualatin, Oregon 97224.
• Notes: Retail property in Tualatin.

• Address: 2375 NW Thurman Street, Portland, Oregon 97210.

Nicolai

• Address: 2300 NW Nicolai Street.
• Status: Acquired and managed since 2017.

Stayton

• Location: Intersection of Wilco Rd and Shaff Rd SE.
• Status: Acquired and managed since 2019.

Ask anyway — the agent will say plainly that it is not published rather than guess.