Powell's in the Press

 

Contacts: Emily Powell
503-228-4651 ext 1803
emily.powell@powells.com

Miriam Sontz
503-228-4651 ext 5845
miriam.sontz@powells.com

Michal Drannen
503-228-4651 ext 5889
michal.drannen@powells.com

Powell's Books Beaverton Location to Expand and Relocate
Independent bookseller doubles retail space in Portland's western suburb

June 8, 2006, Portland, OR —Powell's Books today announced plans to relocate its Beaverton, Oregon, store, expanding and improving the company's west-side location. The company signed a lease agreement in May with C.E. John Company, Inc., for retail space in the newly renovated Cedar Hills Crossing shopping center, with plans to open the new Beaverton store during November 2006.

The new 32,500-square-foot location will offer customers double the retail space of Powell's current Beaverton store while offering upgraded amenities and more areas for book browsing. Powell's is pleased to join the company of other local businesses at Cedar Hills Crossing, including New Seasons, McMenamins, and G.I. Joe's.

"Relocating and building a new store at Cedar Hills Crossing gives us a chance to better serve our customers by offering a larger selection of used and new books," Emily Powell reflected, alongside her father Michael Powell, the president of Powell's Books, Inc.

Ms. Powell who will ultimately preside over company operations states, "We plan to make the new store a vital community resource, with a spacious children's section and a large, comfortable area for author appearances and community events. Our Beaverton customers have been very supportive of us over the past twenty-two years, and we look forward to thrilling them here for many years to come."

The new Powell's Books at Cedar Hills Crossing demonstrates Powell's continuing commitment to Beaverton. Cedar Hills Crossing, currently in the final stages of a more than $35-million renovation, is a 590,000-square-foot community shopping center located between Southwest Jenkins Road and Southwest Cedar Hills Boulevard.

"We are excited about this opportunity to bring Powell's Books to Cedar Hills Crossing. Powell's Books is an icon in the Portland metropolitan area and will be a great addition to our tenant mix," stated Scott K. Lindgren, Vice President, Real Estate with C.E. John Company, Inc.

Powell's Books only major location change in more than twenty years was prompted by a redevelopment of the retail space it has occupied since 1984, across the highway from Washington Square Mall. Powell's Books in Beaverton brings the unique flavor of Powell's downtown locations to the west side, offering used, new, and rare books. The Beaverton store also offers an especially wide selection of technical and children's books, in response to the interests of the surrounding community. The current store location will remain open for business until November 2006.

About Powell's Books and Powells.com
An independent bookseller since 1971, Powell's serves the Portland, Oregon, area with four general bookstores and two specialty stores. Its flagship store takes up an entire city block, offering 68,000 square feet of used, new, rare, and out-of-print books. Online since 1994, Powells.com offers the combined inventory of its six retail locations and five warehouses - approximately four million books in all. The site features exclusive author interviews and essays, as well as a stable of internationally respected book reviewers and content partners. Forbes magazine crowned the site a "Forbes Favorite," applauding its "huge selection of new, used and rare books, all swathed in smart content."