The Portland Business Alliance’s pop-up shop program has generated three signed lease agreements.
Originally considered a temporary solution to Portland’s empty storefronts, the Portland Business Alliance’s pop-up shop program generated three signed lease agreements.
After the five participating retailers in the recent seven-week season saw revenues increase 45 percent over the previous year, three of them signed month-to-month leases for the spaces they occupied temporarily. And property owners who initially opened their doors for the good of downtown retail are now saying the program is an effective way to land long-term tenants.
As part of the pop-up shop program, local independent design guilds were allowed to sell their merchandise at five high-quality, vacant downtown storefronts rent-free through the holiday season. Flurry, Crafty Wonderland and Portland Design Collective agreed to deals to remain in those spaces.
Read more at the Daily Journal of Commerce.
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