Vancouver, Washington SR-14 and Grand Boulevard

Approximately 196,000 sq.ft. community shopping center anchored by a 139,000 sq.ft. full-service

For Lease - 1,787 to 5,756 sq. ft. (divisible)

salonMert Meeker811NW 19thAve.,Ste.102Portland, OR 97209

503.227.7271mert @mbmproperties.com

Now Open!

Coming Soon!

Heritage Place137 condos

Vancouvercenter194 apts. & 68 condos

Jantzen Beach

Esther Short Commons160 apts.

Boise CascadeMixed Use -29 acres

condos & office

Riverwestmixed used

condos & officeFrontier Bldg.63,000 sf

office (proposed) BeachesRestaurant

Two-Thousand-One5,000 sf office & condos

McMenamins

SR 14 - 67,539 ADT

Mill Plain Blvd.

Columbia House Blvd.

Grand Blvd.

Fourth Plain Blvd.

SR 500

MeriwetherCondos

Tensulite320 employees

Columbia Machine550 employees

New Edge Marketing

325 employees

Grand Central

Columbia Business Center224 acres ~ 2,300,000 sq. ft.

1,300+ employees

The Waterside85 condos Salpare Bay

204 condos

Tidewater Cove135 Condos

Northwest Pipe50 employees

Christensen Shipyards450 employees

NorthWynd200 Condos

Columbia ShoresCondos

Vancouver

I-5 -

134,

341

ADT

I-5

Kiewit Pacific100+ employees

Vancouver National Historic Reserve

Pearson Airfield

Columbia EdgewaterGolf Course

George and Lance Killian of Killian Pacific have teamed up with Fred Meyer and the City of Vancouver to bring Grand Central to serve the burgeoning residential and employment growth along Vancouver’s waterfront, in downtown Vancouver and Hayden Island (on the Oregon side) as well as a diverse grouping of established Vancouver neighborhoods.

“Fred Meyer is seizing the opportunity to raise the bar for the community by building a groundbreaking facility which will feature unique design and Fred Meyer’s best product offerings, including a strong selection of natural and organic products,” said George Killian at a recent press conference. Fred Meyer President Michael L. Ellis is a Vancouver native and stated “...we can stay in the

neighborhood, respond to current market and consumer demands, and build an innovative and cutting-edge store completely unique to the site and the community it will serve. We are delighted to be part of this important opportunity.” Vancouver Mayor Royce Pollard emphasized the impact of this project saying “Fred Meyer, as anchor of Grand Central, will help the growing reinvigoration of Vancouver’s urban core. The shopping center will not only bring high quality, affordable retail opportunities to neighborhood residents, but will also act as an economic anchor for the community.”

Killian Pacific has been developing commercial properties for more than 40 years in the Pacific Northwest.

“Improving quality of life by transforming community identity.”

Pottery Barn, Portland Morrison Place, Portland West Coast Bank., Vancouver Riverstone Marketplace, Camas Riverstone Marketplace, Camas Thiele’s Square, PortlandRockwell Medical Bulding, Vancouver

E-2

E-3

E-4

AVAILABLE

Building Descriptions:

Building A - 100% LEASED

Building B - 100% LEASED

Building C - 100% LEASED

Building D - 100% LEASED

Building E E-2 1,903 sf* E-3 2,066 sf* E-4 1,787 sf* *divisible

Building F - 100% LEASED

Building G - 100% LEASED

Building H - 100% LEASED

Parking: Approximately 712 stalls

Occupancy: Immediate

For more information, please call:

Leasing Info

Mert Meeker811NW 19thAve.,Ste.102Portland, OR 97209

503.227.7271mert @mbmproperties.com

The

Bar

bers

Mert Meeker811 NW 19th Ave., Ste. 102Portland, OR 97209

503.227.7271mert @mbmproperties.com

E-21,903 sf

E-32,066 sf

E-41,787 sf

Residential ActivityGrand Central is surrounded by established residential neighborhoods and will benefit from new single-family, multi-family and condominium development occurring along the Columbia River waterfront, downtown Vancouver and Hayden Island. Since 2000, over 750 new condominiums and apartments have been completed in the downtown, uptown and waterfront portions of the trade area. Current projects include: NorthWynd (200 condos), Tidewater Cove (135 condos), Salpare Bay (204 condos) and The Waterside (85 condos). Planned projects include development of the Boise Cascade site (29 acres) into mixed-use with potentially 2,000+ housing units and development of Riverwest in downtown featuring a mix of 100,000 sq.ft. of Class A office space, 200 luxury condominiums and the new Vancouver main library (90,000 sq.ft.).

Employment and Daytime PopulationNearly 92,000 people work in the primary trade area and that number is growing rapidly. Major employers near Grand Central include Columbia Business Center, with 2.3 million sq.ft. of office and light manufacturing space and more than 1,300 employees, Columbia Machine (across Grand Avenue) with 550 employees, New Edge Marketing with 325 employees, Tensulite with 320 employees, and Kiewit Pacific, with 150 employees. The daytime population surrounding Grand Central is woefully under-served, creating exciting opportunities for retail, services, and food uses.

Tid

ewat

er C

ove

Salp

are

Bay

Nor

thW

ynd

Trade AreaThe primary trade area is bounded by SR-500

to the north, I-205 to the east, NE Columbia

Boulevard to the south and Vancouver Lake

to the west. The trade area includes Hayden

Island/Jantzen Beach on the Oregon side of

the I-5 Columbia River bridge.

Key DemographicsPopulation (2015) ..........................110,071Households (2015) ........................46,713Average Family Income .................$58,853Number of Businesses ...................7,192Number of Employees ...................91,740College Education ...........................61%

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SylvanSylvanSylvanSylvanSylvanSylvanSylvanSylvanSylvan

Maywood ParkMaywood ParkMaywood ParkMaywood ParkMaywood ParkMaywood ParkMaywood ParkMaywood ParkMaywood Park

Columbia Slough

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Swan Island Basin

Commonwealth Lake

Biddle Lake

Alonzo BogColumbia River

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Lake Force

Smith Lake

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Willamette River

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Howell Lake

Johnson Lake

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501

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5

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Grand CentralTrade Area

Vancouver, Washington

Lat: 45.6104 Lon: -122.661 Zoom: 15.01 m

i Logos are for identification purposes only and may be tradem

arks of their respective companies.

©2007, SITES USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Gran

d Ce

ntra

l Tra

de A

rea

Source: Sites USA, 2015

indicates trade area

Demographics

Grand Central enjoys excellent access via SR-14 to Columbia House Boulevard (frontage road). Grand Boulevard and Blandford Drive serve the site north/south, creating an easy outlet to the shopping center for the residential neighborhoods to the north on “the ridge.” Visibility is excellent and unobstructed from SR-14.

Traffic counts: SR-14 @ Grand Boulevard - 68,505 ADT I-5 @ Bridge - 134,341 ADT

1

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6

7

8

9 10

11

12

Columbia House Boulevard

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New Development, Visibility & Access

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I-205

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18TH

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Oakbrook

VanMall

Lincoln

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West Minnehaha

MarrionEsther Short

Vancouver Heights

Central Park

Hough

Hudsons Bay

Ellsworth Springs

Meadow Homes

Riverview

Bagley Downs

Green Meadows

Harney Heights

Kevanna ParkTruman Nbrhd. Assoc.

Maple Tree Nbrhd. Assoc.

East Minnehaha Nbrhd. Assoc.

Arnada

Carter Park

Rose Village Nbrhd AssocShumway

NorthwoodNorth Garrison Heights

Burton Ridge

Edgewood Park

Northcrest

Roads End Nbrhd. Assoc.

Dubois Park

Father Blanchet Park

South Cliff

Fourth Plain Village

Evergreen Highlands

Forest Ridge

426

410.02

431

416

412.01

411.05

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412.03

410.03

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411.10

412.06

411.09

413.17

429

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419

411.07

427

410.07

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413.13

425

420

0 0.1 0.2 0.3 0.40.05Miles

1:9,600

Census Tracts

CitiesNeighborhood Association

Major Roads

Vancouver Census Tracts andNeighborhood Associations

1. Esther Short Park (DT) to GC 2 1.5 2. Grand Central to I-5 1 1.2 3. Grand Central to Mill Plain Blvd. 2 1.7 4. Grand Central to Fourth Plain Blvd. 2.5 2.3 5. Grand Central to SR 500/39th 3 3.0 6. Grand Central to Minnehaha 4 3.8 7. Grand Central to NE 78th 5 5.1

113,353 ADT

67,067 ADT

62,882 ADT

134,

341

ADT

60,547 ADT

130,617 AD

T

131,946 ADT

8. W. 39th & Columbia to Grand Central 5 3.7 9. Grand Central to Riverside Drive 1.5 1.6 10. Grand Central to Lieser Road 3 2.8 11. Grand Central to Ellsworth Road 4 4.0 12. Grand Central to I-205 5 4.6 13. Grand Central to I-205 & Mill Plain Blvd. 6 5.8 14. Grand Central to Blandford & Mill Plain Blvd. 2 1.7 15. Fourth Plain Blvd. & Grand to Grand Central 2 1.3 16. Mill Plain Blvd. & Grand to Grand Central 1 0.6

Grand Central Drivetimes Minutes Miles

3

1

2

4

58

6

7

16

15

14

9

10

13

12

11

MBMPROPERTIES,INC.

Prepared by MBM Properties, Inc. . 503.227.7271 . December, 2005

Driv

e Ti

mes

Heritage Place137 condos

Vancouvercenter194 apts. - 68 condos

Esther Short Commons160 apts.

Boise CascadeMixed Use Riverwest

Mixed Use

BeachesRestaurant

McMenamins

Condos

MeriwetherCondos

Tidewater Cove135 Condos

SW WashingtonMedical Center

5 Vancouver Business Journal April 5, 2013

retail center in the middle of a recession? According to Mert Meeker, president of MBM Properties Inc. and exclusive

Grand Central shopping center, the key is three-fold:

“Identify a need, and as you

input from the community,” said Meeker, while noting that it’s also important to choose the tenant mix carefully.

contributed to the success of Grand Central, according to Meeker, which he said has had zero tenant turnover since opening in 2008 and very little vacant

he explained, is a “testimony to the project, the tenants themselves and the sense of community the project created.”

Filling the void Before it was ever home to

a bustling shopping center, the 14.5 acres of land at Grand Boulevard and SR-14 on which Grand Central sits once contained housing for the Kaiser Shipyards. Eventually the property would transition to an industrial use as a manufacturing facility for

then went unutilized for years following the closure of the

Philip Bretsch, acquisitions and development manager

identifying the need for “a quality shopping experience, with a strong grocery/retail anchor like Fred Meyer, to serve the southwestern potion of Vancouver.”

More than 230,000 residents live in the area served by Grand Central. Along with a large population looking for groceries and services, said Meeker, the site has good visibility to the highway and is easily accessed from downtown Vancouver and nearby residential neighborhoods.

Engaging the community Bretsch said that Killian

several other large shopping centers in Clark County, doesn’t follow a cookie-cutter model.

“Each project seems to have

place, and enhance community in its own way,” he said.

To discover those nuances,

of meetings throughout the development planning process.

input from key neighborhood associations and major employers in the area, such as Columbia Machine.

to “create something that the community embraced.”

In these conversations,

that helped guide the design. For example, residents stated that they didn’t want the 139,000-square-foot anchor

tenant building to look like a massive concrete fortress. Instead, said Meeker, the design

materials, shapes and paint colors to break the scale down.

Equal attention was paid to

of three buildings that house Lapellah Restaurant & Bar,

arranged in a close, triangular, pedestrian-friendly way. For example, there is an outdoor patio between Lapellah’s and

are angled to provide a “main street” ambiance.

“establishes a pattern for walking

Choosing the tenant team “Finding the right mix of

tenants is critical to provide the best shopping experience for the customer,” said Bretsch.

At Grand Central, developers focused on local or largely independent retailers instead of national franchises. With its local roots, selecting Fred Meyer as an anchor tenant was a natural choice, Meeker said. Choosing other tenants, he added, involved deciding on major categories, such as food, traditional retail and personal services. Next, developers zeroed in on subcategories,

service restaurant. Finally, he said, they picked the ones with the most potential for success by interviewing the owners and examining their business plans

chose tenants who are unique to the Portland/Vancouver area and can generate a regional draw. For example, • Grand Central’s Cotton

Babies is the only such store west of the Mississippi;

larger than the typical Fred Meyer store;• Many stylists at Estilo Hair

have Toni and Guy Academy

• Willows Lifestyle Boutique is one of the Southwest Washington’s only high-end apparel boutiques.

“Willows is an absolute leader in fashion in Vancouver,” said Lavonne Morrill, whose Estilo Salon moved to Grand Central from Portland in 2011.

volumes. You know you’re on to something to special.”

Build [the right thing] and they will come

Meeker reported that “Fred Meyer says it is by far the most successful design they

store averaging about 22,000 customer visits per week.

According to Amy O’Hara, who owns When the Shoe Fits with her husband Alan, they really weren’t interested in expanding when approached as a potential tenant for Grand Central. However, she said, when they toured the shopping center, “the vibe was electric – the parking lot was packed, teaming with a savvy professional energy that we were really drawn to.”

Central store (their third location) in October 2011, and she said business continues to increase. One surprise, she said was how many people came to Grand Central from Portland. In response, she said they have done more marketing in Oregon using TV, radio and cable, and are “infusing the store with a hipper product” compared to their suburban locations.

Morrill reported that Estilo Salon is “experiencing more than satisfactory revenue growth,” and

12 in just over a year. Like O’Hara, she said almost half her salon’s clients come from Portland.

“We hear how pleasantly surprised they are to see such an upscale shopping center, and they try other businesses that are here,” Morrill noted.

“We’re changing public perception of Vancouver one client at a time,” added Morrill.

Grand Central: A recipe for successSouthwest Vancouver’s popular shopping used community input, unique tenant mix to grow

BY JODIE GILMORE | for the VBJ

Nicholas Shannon Kulmac_of the VBJDespite opening at the start of the Great Recession in 2008, Vancouver’s Grand Central shopping center (located at Grand Boulevard and SR-14) has had zero tenant turnover.

To the uninitiated and claustrophobic, floating naked (or nearly so) inside a pearl-shaped tank, sealed off from the lights, sights, sounds and smells of the outside world, may sound anything but relaxing — until they try it.

The post-float blissful expression worn by isolation tank users is nicknamed “floaty face” by those in the isolation tank industry, said Marilyn Olmsted, proprietor of Urban Float Vancouver, the city’s first and only floatation spa.

“They have a euphoric kind of glow; their cheeks are a little pink; their eyes are semi-closed. It’s a ‘cat who ate the cream’ face,” she said.

Sensory deprivation tanks, commonly called float tanks or isolation pods, come in many shapes and sizes. But, as the name suggests, they’re all designed to allow the user to be unencumbered from the outside world and serve as a space for deep relaxation in a way that no bath or hot tub can approach.

“Removing all the external stimuli, even for just an hour, gives the brain a reboot and a reset,” Olmsted said. “Think about how often in the day does the modern person afford themselves that luxury.”

Olmsted’s business is not only the first of its kind in Vancouver, but also the first franchise for the Seattle-based company Urban Float. The company had its soft opening in July and plans for a grand opening at the end of this month or early September.

The business, 104 Grand Blvd. Suite 110, Vancouver, is open from 9 a.m. to 9 p.m. daily. It charges $89 for a one-hour float, but offers discounts for first-time users, package rates and monthly subscription services. The spa houses six large pods, each in an individual room. Before the float begins, users are invited to have some water or tea and take a moment to relax before showering and climbing in.

The large sound- and light-proof chambers hold a minimum of 1,200 pounds of Epsom salt dissolved into about 300 gallons of water. The solution’s density forces the body to float at the surface of the nearly foot-deep pool. To minimize sensory perception, the water temperature is set near that of human skin.

From the outside, spa employees control gentle lights and music to mark the beginning and end of a float. But they can be left on continuously to ease users into the experience.

Afterward, the tank is sanitized and prepared for the next person.

Though they’ve been around since the 1950s, the high-priced and obscure float tanks were typically found in research facilities and homes of professional athletes and alternative medicine devo-tees. However, a surge in popularity coupled with the spa business model has created a booming industry on the West Coast. For the truly devoted, Urban Float will sell a new isolation tank for just under $35,000.

Olmsted said she discovered float tanks about three years ago in New York during a rocky period in life.

“It was life-changing and it stuck with me,” she said. Though she was living in West Palm Beach, Fla., accessible tanks were few and far between.

Around the same time, she and her husband, Lewis, owned a tax and account-ing business in South Florida but lived part of the year in Packwood. They liked the Pacific Northwest and decided to try something new.

She said they planned to open a float spa and chose Vancouver after “interviewing” a number of cities based on its demograph-ics, market viability and culture. They found Vancouver a good fit.

She said she noticed a lot of Vancouver residents have to do a lot driving to reach their health and wellness services. Portland has float spas, but the stress of fighting traffic and searching for parking runs against the purpose of isolation tanks — relaxation. Olmsted wanted her business to take the haste out of the process for Vancouver residents.

“We’re about making the float experience for you,” she said.

Urban Float brings sensory deprivation experience to Vancouver

Marilyn Olmsted, co-owner of Urban Float Vancouver, a sensory deprivation tank spa, sits with a tank in a private room

Dameon Pesanti, Columbian sta� writerAugust 4, 2016