Your guide to investing in Portland real estate… Who has the best real estate investment advice? Starbucks? That may be a stretch but let’s take a look at the logic before discounting it. Major corporations do massive amounts of research before they open stores. They look at emerging markets target where they think they will get the best return. They’ve got to be the earlier adopter or they have to deal with the competition. This is by no means an “invest here” post but there are three new stores going in within 20 miles of downtown Portland:

1. Morocco-Portland State
603 SW Jackson, Suite 116
Portland OR, 972014975

2. PDX D 4
7000 NE Airport Way, MB#23
Portland OR, 97219

3. Fred Meyer-Oregon City #242
1839 Molalla Avenue
Oregon City OR, 97045

We can discount the first two: one in downtown and one at the airport. That makes the Oregon City store the most interesting of our purposes. The median price in the Oregon City/Canby area is $318,000 and one year appreciation is reported as 13.8% according to February’s RMLS Market Action.

We’ll revisit this later and see what new stores Starbucks has upcoming. I was disappointed that there were no stand-alone stores on the list. Are we coffeed out? I doubt it.