Chay LLC and Chay Properties LLC, has been investing and developing in commercial and retail properties in the greater area of Portland, Oregon, since 1993. It began as a family side-venture business while Mr. JK Chay was working as a high-tech CEO and Mrs. Ann Chay working as a VP of Sales for high-tech companies.
For the past twenty five years, we have successfully acquired and redeveloped multitude of commercial and residential properties as follows:
Downtown Woodburn Development:
405 N. First Street: Being developed as Woodburn Ale & Cider House, under 7Bev Corporation.
425 N. First Street: To be developed as a retail/professional center.
Pending development on additional properties in downtown Woodburn.
Downtown Willamette, West Linn:
We have involved in the downtown retail property development since December 2010. This property is being developed as Willamette Ale & Cider House.
Old Downtown: In spring of 2006, we acquired a retail building in the heart of downtown Beaverton, Oregon, for redevelopment. The property has been successfully renovated and it is presently fully leased to a specialty gift shop, The Hot Box.
Old Downtown: In 2007, we acquired another commercial property in the heart of downtown Beaverton, Oregon. When we first purchased the property, the building was in a dilapidated condition. We have worked with the tenants and have successfully renovated the building. Presently, it is one of the most beautiful properties in Beaverton today and occupied by a fine Italian gourmet restaurant, DeCarlie.
Commercial Remodel: In December 2010, we have acquired a general commercial zoned property. It has 1,500+/- SF of house on 10,000+ SF lot.
Downtown SE Portland: Redevelopment of a 18,000+/- SF of Masonic Temple building, a landmark property in Hawthorne Blvd, Portland, from zero-occupancy to fully leased property, which was successfully developed and sold in November 2005.
In spring 2010, we acquired a 6000+ SF of office building in NE Portland, near the Portland International Airport. It is presently fully leased to a video production company.
In addition, the acquisition came with a separate vacant lot, where we can build a mixed-use property in the future.
Large Residential Development:
Redevelopment of a 10,000+/- SF of manor on a 5 acre estate in the Stafford area (West Linn, Oregon).
Sherwood Farm Land Development: A 40 acre of vacant farmland development in Sherwood to include building 1/4 mile road along with power and water services for newly constructed 3000 SF farmhouse and a barn.