Aerial dusk view of a completed mixed-use urban block with warm amber retail storefronts at street level and illuminated residential balconies above, public plaza with mature trees
12 Projects · 3 Markets
Parcel Development Group

Where the StreetMeets the Sky.

4.2M
SF Delivered
97%
Retail Occupancy
$2.8B
Portfolio Value
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Delivered & Stabilized

Proof before ambition. These projects are occupied, generating income, and available for acquisition.

Completed · Stabilized

Meridian Row

Portland, OR · 2022

Project Overview

Meridian Row transformed a former industrial corridor into a 24-hour neighborhood. Ground-floor retail—led by a 22,000 SF specialty grocer and four food & beverage operators—generates consistent foot traffic that supports the 280 residential units above. The project delivered a 5.8% stabilized cap rate and was refinanced at $98M in Q1 2023.

310,000
Total SF
280
Residential Units
38,000
Retail SF
5.8%
Cap Rate
100%
Retail Occupancy
Q3 2022
Delivered
Completed · Stabilized

Halcyon Block

Seattle, WA · 2023

Project Overview

Halcyon Block occupies a full city block in the Capitol Hill neighborhood. The retail podium houses a mix of food hall operators, a regional fitness concept, and a branch library operated under a 30-year ground lease with the City of Seattle. The project achieved 96% residential occupancy within 90 days of opening and stabilized at a 5.4% cap rate.

420,000
Total SF
340
Residential Units
50,000
Retail SF
5.4%
Cap Rate
96%
Retail Occupancy
Q2 2023
Delivered
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Full portfolio financials, cap rate history, tenant credit profiles, and forward pipeline projections.

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Portfolio by the Numbers
0M
Square Feet Delivered
Across 12 completed projects in 3 markets
0%
Retail Occupancy Rate
Portfolio-wide average at stabilization
0
Units Under Construction
Across 4 active sites in 3 cities
$0B
Total Portfolio Value
At most recent independent appraisal
Portland ·Seattle ·Denver ·Mixed-Use ·Retail ·Residential ·Stabilized Yield ·NNN Leases ·Community Benefits ·Institutional Grade ·Portland ·Seattle ·Denver ·Mixed-Use ·Retail ·Residential ·Stabilized Yield ·NNN Leases ·Community Benefits ·Institutional Grade ·

Under Construction

1,840 units · 2 active cranes · Q4 2026–Q2 2027 delivery
Denver, CO · Delivering Q4 2026

Cascade Yards

A 12-story mixed-use tower in the River North Art District. Ground-floor retail is pre-leased to a regional food market, two F&B operators, and a coworking operator. The project broke ground Q2 2024 and is currently at floor 8 of 12.

Construction Progress68%
420
Units
62,000
Retail SF
510,000
Total SF
  • 62,000 SF retail — 80% pre-leased
  • LEED Gold targeting
  • 180 affordable units (43%)
  • Community benefits agreement with City of Denver
Portland, OR · Delivering Q2 2027

Thornwood Common

A full-block mixed-use development in the Central Eastside anchoring a new cultural district. The ground floor is designed around a 14,000 SF public market hall with year-round operations. Structured parking supports 400 vehicles with EV charging at every stall.

Construction Progress34%
290
Units
44,000
Retail SF
360,000
Total SF
  • 14,000 SF public market hall
  • EV charging at all 400 parking stalls
  • 96 affordable units (33%)
  • Ground lease with Portland Development Commission

Pipeline Parcels

1.4M SF in pre-development. Early access available for co-investment and anchor tenants.

Iron Quarter

GBK Q1 2027

Denver, CO — RiNo

A 4.2-acre former industrial site in the River North Art District. Entitlements filed for 520 units and a 75,000 SF retail podium including a covered market hall. Community benefits negotiations with Denver Community Planning underway.

520
Units
75,000
Retail SF
640,000
Total SF
Linden Crossing site in Seattle Beacon Hill showing transit-oriented development opportunity near light rail
Land Control

Linden Crossing

Seattle, WA — Beacon Hill

A 2.8-acre transit-oriented site adjacent to the Beacon Hill light rail station. Under purchase and sale agreement with closing anticipated Q2 2026. Preliminary design underway with a Seattle architecture firm.

380 units·48,000 SF retail·GBK Q3 2027
Grove Mill former flour mill site in Portland St. Johns on the Willamette River with heritage preservation potential
Site Control

Grove Mill

Portland, OR — St. Johns

A former flour mill site on the Willamette River with heritage preservation requirements. The adaptive reuse component will retain the mill structure as a 12,000 SF food hall anchor. Site control secured Q1 2026.

240 units·32,000 SF retail·GBK Q4 2027

Early Access

Co-investment and anchor tenant opportunities available pre-entitlement.

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Available Spaces

Ground-floor retail in projects that guarantee foot traffic from day one. NNN leases. Institutional landlord.

ProjectSF / FrontageTermsDeliveryStatus
Meridian Row
Portland, OR
Restaurant / Café
5,600 SF
48 LF frontage
NNN · Negotiable
Immediate
Available Now
Halcyon Block
Seattle, WA
Fitness / Wellness
6,000 SF
55 LF frontage
NNN · Negotiable
Immediate
Available Now
Cascade Yards
Denver, CO
Grocer / Food Hall Anchor
12,400 SF
90 LF frontage
NNN · 10-yr min
Q4 2026
Pre-Lease
Cascade Yards
Denver, CO
Coffee / Quick-Service
3,200 SF
36 LF frontage
NNN · 5-yr min
Q4 2026
Pre-Lease
Thornwood Common
Portland, OR
Public Market / Food Hall
18,000 SF
140 LF frontage
NNN · 12-yr min
Q2 2027
Pre-Lease
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The InvestmentDeck

72 pages. No teaser slides. The complete financial picture of a portfolio that has delivered 12 projects across three markets without a single missed debt service payment.

What's Inside

  • Full portfolio financials (T-12, T-3, trailing)
  • Cap rate history across all 12 stabilized projects
  • Tenant credit profiles and lease abstracts
  • Forward pipeline projections with IRR scenarios
  • Market analysis: Portland, Seattle, Denver
  • Management team track record and bios
  • Community benefits agreement summaries
  • Exit strategy and disposition timeline
5.6%
Avg Stabilized Cap Rate
18.2%
Avg Project IRR
0
Missed Debt Payments
Investor Access

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Available to qualified institutional investors, family offices, and registered investment advisors.

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