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JAH Announces the Sale of property to WinCo

Thursday, November 20, 2014

JAH is pleased to announce that WinCo Foods of Boise, Idaho acquired approximately 9.2 acres of land and buildings at Portland Plaza from JAH for the purpose of developing a new 85,000 s.f. grocery store.  Founded in Boise Idaho, in 1967, WinCo operates 98 stores in 8 Western states including: Washington, Oregon, California, Idaho, Nevada, Arizona, Utah and Texas.  WinCo has recently announced plans to enter the Oklahoma City market with multiple stores in several different trade areas. “Having a large grocery anchor on the East side of the shopping center will re-energize the entire development,” said Jeff Norman of JAH.  “WinCo has an excellent reputation as a high volume, value oriented grocery store drawing thousands of customers per week to the property.”   Portland Plaza is located at the northeast corner of NW 39th (Route 66) and N. Portland Ave adjacent to the I-44/Lake Hefner Parkway interchange.  The shopping center was developed in the late 1960’s.  JAH acquired the property in 1994 and renovated it in 1998.

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