Ohio Firm Buying Shops at Tanasbourne Land

HILLSBORO, OR-Continental Real Estate of Ohio wants to accomplish what Federal Realty Investment Trust gave up on earlier this year — turning 17 acres here into the Shops at Tanasbourne, a 420,000-sf mall that has been planned for the site since 1999.

John Kellogg of HSM Pacific, leasing agent for the project then and now, tells GlobeSt.com that Continental is a developer of specialty retail centers that wants to develop the mall almost exactly as Federal Realty had it approved by the City of Hillsboro, and thus will need only administrative review of the project to begin development.

“We’re talking to many of the same retailers from Federal’s days as well as some new-market-entry retailers,” says Kellogg. “There exists strong demand from tenants that currently are not represented in the area.”