{"id":1004111003,"date":"2015-01-12T10:41:02","date_gmt":"2015-01-12T18:41:02","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=316899"},"modified":"2022-12-08T04:48:13","modified_gmt":"2022-12-08T12:48:13","slug":"kbs-sells-one-main-place-in-portland-cbd","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/","title":{"rendered":"KBS Sells One Main Place in Portland CBD"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

KBS Real Estate Investment Trust II sold\u00a0One Main Place in Portland\u2019s Central Business District for\u00a0$86.3 million. The waterfront property last traded for $54 million, according to asset manager and KBS Senior Vice President Mark Brecheen. The transaction was brokered by an Eastdil team consisting of Stephen Van Dusen, Jason Flynn and Darwin Rodriguez, on behalf of the seller.<\/p>\n

Located at 101 S.W. Main St., the 20-story Class A office building occupies an entire city block and totals 315,133 square feet. It offers modern building systems and a large amenity package that includes a fitness center, showers, a conference center, subterranean parking, a full-service bank, a coffee shop and a caf\u00e9, and bears Energy Star certification. The tower was constructed in 1980; its modern look was designed by renowned architectural firm Skidmore, Owings & Merrill.<\/p>\n

According to KBS Regional President Rodney Richerson, KBS Real Estate Investment Trust II put One Main Place through significant capital improvements in 2008. Richerson also noted that \u201cwe believe the One Main Place property appeals to a wide range of tenants in industries ranging from technology to finance to legal services and education.\u201d<\/p>\n

Image courtesy of cbre.com<\/em><\/p>\n

 <\/p>\n

\n","protected":false},"excerpt":{"rendered":"

One Main Place, one of the properties in Portland’s Central Business District, recently traded hands. KBS Real Estate Investment Trust II received a fee of $86.3 million for the property located along the waterfront of Portland’s CBD. According to Asset Manager and KBS Senior Vice President, Mark Brecheen, the seller “originally acquired the property for $54 million”. The transaction was brokered by an Eastdil team consisting of Stephen Van Dusen, Jason Flynn and Darwin Rodriguez, on behalf of the seller.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1610],"tags":[],"class_list":["post-1004111003","post","type-post","status-publish","format-standard","hentry","category-latest","category-seattle"],"acf":[],"yoast_head":"\nKBS Sells One Main Place in Portland CBD - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KBS Sells One Main Place in Portland CBD\" \/>\n<meta property=\"og:description\" content=\"One Main Place, one of the properties in Portland’s Central Business District, recently traded hands. KBS Real Estate Investment Trust II received a fee of $86.3 million for the property located along the waterfront of Portland’s CBD. According to Asset Manager and KBS Senior Vice President, Mark Brecheen, the seller “originally acquired the property for $54 million”. The transaction was brokered by an Eastdil team consisting of Stephen Van Dusen, Jason Flynn and Darwin Rodriguez, on behalf of the seller.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-12T18:41:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T12:48:13+00:00\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"KBS Sells One Main Place in Portland CBD\",\"datePublished\":\"2015-01-12T18:41:02+00:00\",\"dateModified\":\"2022-12-08T12:48:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/\"},\"wordCount\":204,\"commentCount\":0,\"articleSection\":[\"News\",\"Seattle\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/\",\"name\":\"KBS Sells One Main Place in Portland CBD - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2015-01-12T18:41:02+00:00\",\"dateModified\":\"2022-12-08T12:48:13+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kbs-sells-one-main-place-in-portland-cbd\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"KBS Sells One Main Place in Portland CBD\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/anca-gagiuc\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"KBS Sells One Main Place in Portland CBD - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/","og_locale":"en_US","og_type":"article","og_title":"KBS Sells One Main Place in Portland CBD","og_description":"One Main Place, one of the properties in Portland’s Central Business District, recently traded hands. KBS Real Estate Investment Trust II received a fee of $86.3 million for the property located along the waterfront of Portland’s CBD. According to Asset Manager and KBS Senior Vice President, Mark Brecheen, the seller “originally acquired the property for $54 million”. The transaction was brokered by an Eastdil team consisting of Stephen Van Dusen, Jason Flynn and Darwin Rodriguez, on behalf of the seller.","og_url":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-01-12T18:41:02+00:00","article_modified_time":"2022-12-08T12:48:13+00:00","author":"Anca Gagiuc","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/"},"author":{"name":"Anca Gagiuc","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"headline":"KBS Sells One Main Place in Portland CBD","datePublished":"2015-01-12T18:41:02+00:00","dateModified":"2022-12-08T12:48:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/"},"wordCount":204,"commentCount":0,"articleSection":["News","Seattle"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/","url":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/","name":"KBS Sells One Main Place in Portland CBD - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2015-01-12T18:41:02+00:00","dateModified":"2022-12-08T12:48:13+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/kbs-sells-one-main-place-in-portland-cbd\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"KBS Sells One Main Place in Portland CBD"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7","name":"Anca Gagiuc","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g","caption":"Anca Gagiuc"},"description":"Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/anca-gagiuc\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004111003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/237"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004111003"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004111003\/revisions"}],"predecessor-version":[{"id":1004621103,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004111003\/revisions\/1004621103"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004111003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004111003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004111003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}