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Press Release: Retail Services Abounding In The Suburbs: Newberg's Crestview Crossing Filling With Tenant

October 10, 2023



The first two Crestview Crossing tenants  –Starbucks and MOD Pizza, which were announced in February, 2022 – are now joined by TMobile, Jersey Mike’s Subs, OnPoint Community Credit Union, BedMart, Five Guys Burgers and Fries, Graze Craze and Colors Nail Spa at Crestview Crossing at Pacific Highway 99W and Crestview Drive, at the east gateway to the growing city of Newberg.


“We’re very excited about how this center is forming into a diversified mix of high quality restaurants, and convenience and leisure services, and that it’s performing well and awaiting more tenancy,” said Gramor Development’s Director of Leasing, Marc Strabic.  More than half of the 37,000-square-foot retail and restaurant development is now leased.


“Oregon continues to be a great market for MOD, and as a growing suburb, Newberg is a natural next stop outside of the metropolitan Portland area,” said Steve Blum, chief development officer, MOD Pizza.


Directly across Pacific Highway 99W from Providence Newberg Medical Center, the mixed-use center’s five mixed-use buildings are now complete, ranging from 4,390 square feet up to 13,201 square feet each. The development also includes 169 parking stalls at the rate of 4.5 per 1,000 square feet. The main outdoor seating area, with an eye-catching water feature, will soon be complete. Bordering the busy shopping center, more than 240 new apartments and multi-family housing are rising and most are occupied to the east of Crestview Crossing; developed by J.T. Smith Companies.


“With the ongoing and projected population growth in this beautiful part of the Willamette Valley at the gateway to Oregon’s beloved wine country, the need for convenient and popular retailers is clear,” noted Strabic. Several of the new tenants have reported better-than-projected opening visits and revenue.


This Class A center will serve Newberg’s and Yamhill County’s 108,239-plus visitors and estimated residents, who earn an average of $106,137 in annual household income. Several of the center’s tenants opened to customers in time for the 2022 holidays and more have opened since.


Leasing is being managed by NAI Elliott’s George Macoubray, Nick Stanton, and Emmy Johnston who can be reached at (503) 224-6791.

  

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