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Bear Creek Plaza Sold


News provided by

Bear Creek Ventures LLC

Sep 23, 2015, 08:40 ET

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MEDFORD, Ore., Sept. 23, 2015 /PRNewswire/ -- Bear Creek Ventures LLC, an Oregon Limited Liability real estate company, has sold the landmark Medford, Oregon property Bear Creek Plaza located at the intersection of McAndrews and Biddle Road, considered the highest traffic intersection in Jackson County.

Photo - http://photos.prnewswire.com/prnh/20150922/269599

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Photo - http://photos.prnewswire.com/prnh/20150922/269601

The sale of Bear Creek Plaza consists of such major retailers as TJ Maxx, Big Lots, Dollar Tree, Bi-Mart, McDonalds, Carl's Junior, Wendys, Bank of the Cascades, CitiFinancial, Tuesday Morning, Boot Barn, Papa Murphys Pizza, Sallys Beauty, Hallmark, etc., located on a 17-acre, open-air shopping center totaling 184,000 square feet of space.  Aldy Damian, one of the principals of Bear Creek Ventures, Chandler Holdings LLC and broker with LuxeCo properties worked with buyer Dan Tucci of esteemed Tucci Investments closing Bear Creek Plaza with a sale price of $24 Million.

A truly irreplaceable location Bear Creek Plaza, located in the heart of Medford, Oregon, cannot be built today; this asset is a property that yields high traffic counts and visibility for years to come.

The seller, Aldy Damian, who also developed the Carl's Junior drive thru for hamburger icon Joe Karcher on site, stated that "Bear Creek Plaza is a one-of-a-kind asset within the submarket where assets rarely trade, we are very pleased to be dealing with a seasoned professional as Dan Tucci concerning this sale."

Bear Creek Plaza is conveniently located just off California Interstate 5 Freeway at McAndrews Road in Medford, Oregon with over 1,600 feet of frontage clearly visible from the Interstate.

For sales, leasing and acquisition opportunities concerning Bear Creek Ventures LLC, Chandler Holdings LLC or LuxeCo Realty, contact Email – Aldy Damian 310-717-6932 (ph).

SOURCE Bear Creek Ventures LLC

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