Shuttered Portland Walmart sold for $20M. Here’s what the new owners plan to do with it

The building will be turned into a Hong Phat Supercenter, the fourth Hong Phat in the Portland metro area.

PORTLAND, Ore. — Portland investors have purchased the former Walmart at Eastport Plaza for $20 million, with plans to turn it into a Hong Phat Supercenter, the Business Journal has learned.

Last March, Walmart closed the big box store at 4200 Southeast 82nd Ave. Earlier this month, Walmart Real Estate Business Trust sold the building to a group called Portland International Center LLC for $20 million, public records show.

Local real estate firm Ethos Commercial Advisors said in a social media post, without naming new

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