Reed's Crossing Town Center — Lease in Hillsboro, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Hillsboro, OR 97123

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Reed's Crossing Town Center — Lease in Hillsboro, OR, photo 1 of 1

Description

Located in the heart of South Hillsboro Reed’s Crossing Town Center encompasses 10.3 acres of commercial development, and it will feature 104,000 square feet of retail, restaurant, fitness and wellness, and retail services. The Town Center resides within SoHi’s 30 acre master planned commercial district that will include high density housing, daytime employment and 100,000 square feet of medical and community wellness facilities.

Market Context

This retail in Hillsboro, OR is listed for lease. Compare it against other retail listings for lease in Hillsboro, OR — view the full market.

As of Q2 2026, the Portland retail market showed a 4.7% vacancy rate, and average asking rents near $23.78/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Portland retail market tightening or softening?
Vacancy is around 4.7% (Q2 2026).

Estimated Market Rate

$1.66/SF/mo – $2.24/SF/mo

Mid: $1.95/SF/mo

Based on comparable properties in similar markets rather than local sales.

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