Portland
Trammell Crow Completes Oregon Corporate Park
The company has teamed up with Principal Real Estate Investors to deliver the first LEED-certified speculative industrial development since 2012.
Union Investment Buys $149M Portland Hotel
The Germany-based firm has acquired The Porter, a 294-key hotel, located in the city’s central business district. The acquisition marks the company’s sixth property in the U.S.
Maintaining Balance in Portland
As the local economy is shifting from electronics hardware and manufacturing toward software and web services, demand for office space remains strong across the metro, especially in high-profile submarkets such as the CBD and Pearl District.
HFF Secures Acquisition Loan of OR Office Asset
The company will service the $8 million loan on behalf of the borrower, Manchester Capital Management. Built in 2014, The Radiator is a fully leased building anchored by The Kartini Clinic.
Menlo Equities Sells 239 KSF Portland Office Asset
An institutional investor purchased One Pacific Square. NW Natural recently announced plans to relocate its headquarters from the 239,000-square-foot office tower.
Kennedy Wilson Buys $60M Portland Mixed-Use Community
The two four-story buildings offer a mix of studio, one- and two- bedroom units with an average rental rate of $1,851. The community also includes more than 6,000 square feet of retail space.
Specht Wraps Industrial Record-Setter in Portland
Specht Development and New York Life Real Estate Investors have teamed up to deliver the three-building, 732,824-square-foot property on more than 37 acres in Gresham, Ore.
CBRE Secures Portland Industrial Asset Sale
The buyer of the nearly 13-acre industrial site is a local food distributor. The transaction marks the company’s second in Portland’s Northeast submarket.
Flexential Adds 100 KSF to OR Facility
The Brookwood data center in Hillsboro, Ore. will total approximately 220,000 square feet. The site has been chosen as the U.S. point of presence for two submarine fiber cables.
CH2M Center Lands Hefty Recapitalization
The 10-story office tower offers a mix of traditional and creative space, with views of downtown Portland. The building is 87 percent leased to nine tenants.