Mercury Development Email Format

Leasing Non-residential Real EstateOregon, United States2-10 Employees

Mercury Development is a Portland, Oregon-based company that owns, operates, and manages non-residential real estate. Its lineage traces back to 1933 as a soda fountain equipment supplier, after which it broadened into distributing grocery fixtures and refrigeration equipment, creating opportunities in the real estate domain. By the mid-1950s, the company began developing community shopping centers anchored by grocery stores, with Southgate Shopping Center opening in 1956.

Over time Mercury Development expanded its scope to manage a portfolio of centers, totaling about 2.4 million square feet with more than 750 tenants. It has liquidated some assets to deleverage and now focuses on owning, operating, and managing its asset base while seeking growth through acquisitions and third-party management.

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