HILLSBORO – The once bustling 356,296-sf Outlets at Hillsboro, which once housed 100 stores but now only has two, is under new ownership with redevelopment on the horizon.
Glaser Retail Partners recently bought the mall from its original owner, Craig Realty Group of Newport Beach. Glaser’s current plan requires the demolition of some sections of the Outlets and adding new retail space along a 300-ft stretch along I-35.
The city has agreed to pay $4.6 million to Glaser Retail Partners for two-thirds interest in the site.
Construction is expected to start by the end of the year.