Portland
Ground Breaks on $224M Hotel in Portland
The new Hyatt Regency will bring 600 guestrooms and 32,000 square feet of meeting space directly across the street from the Oregon Convention Center.
Canopy by Hilton Tops Off Portland Pearl District Hotel
The 10-story development includes 153 guest rooms, 2,800 square feet of event space and Canopy-signature amenities. This hotel marks the second Canopy by Hilton in Portland.
HFF Closes $29M Portland Office Sale
The Class A office building comprises 109,725 square feet, of which 4,000 square feet are retail space. Sixth at Yamhill first traded in 2014, when JB Matteson sold the asset for $21.1 million.
Strong Development Softens Demand in Portland
As the metro’s economy continues to thrive and the area adds residents at double the national rate, there is no shortage of large multifamily projects.
Specht, Pacific Coast Sell Portland Airport Warehouse
Interstate Crossroads Distribution Center is fully leased by two credit tenants and sits on 28 acres. The buyer was Toronto-based WPT Industrial REIT.
Kimco Buys $132M Portland Shopping Center
The purchase of the 746,000-square-foot Jantzen Beach Center fits the REIT’s strategy of upgrading its portfolio with key purchases.
HFF Closes $25M Portland Office Sale
Swift Real Estate Partners acquired the three-building office property, which is 92.5 percent leased to a mix of tenants.
WPT Industrial Goes on $96M Shopping Spree
The REIT has agreed to acquire two distribution centers in Oregon and Texas. Combined, the properties offer more than 903,000 square feet of gross leasable space.
Belay Investment JV Bets $70M on Portland
Belay Investment Group and L&L Investment Partners plan to purchase and reposition Portland office, multifamily and mixed-use properties. As its first investment, the JV acquired an asset comprising two 1940s-era warehouses in the city’s Guild’s Lake submarket.
Amazon to Open First Oregon Facility
The retailer will invest $178.4 million in an 855,000-square-foot fulfilment center in eastern Hillsborough County. The facility will create more than 1,500 full-time jobs.