{"id":1004185996,"date":"2017-08-07T07:03:03","date_gmt":"2017-08-07T15:03:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004185996"},"modified":"2022-12-08T17:11:35","modified_gmt":"2022-12-09T01:11:35","slug":"hff-closes-29m-portland-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/","title":{"rendered":"HFF Closes $29M Portland Office Sale"},"content":{"rendered":"<p>By Adina Marcut<\/p>\n<div id=\"attachment_1004185997\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004185997\" data-attachment-id=\"1004185997\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/sixth-at-yamhill-800x620\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill-800x620.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Sixth at Yamhill 800&#215;620\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill-800x620.jpg?w=800\" loading=\"lazy\" class=\"wp-image-1004185997 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill.jpg\" alt=\"Sixth at Yamhill \" width=\"300\" height=\"233\" \/><\/a><p id=\"caption-attachment-1004185997\" class=\"wp-caption-text\">Sixth at Yamhill<\/p><\/div>\n<p>After securing the $11 million sale of Willow Creek Shopping Center, a value-add <a href=\"https:\/\/www.commercialsearch.com\/news\/hff-brokers-denver-retail-center-sale\/\">retail center in Denver,<\/a> HFF closed the $28.5 million sale of Sixth at Yamhill, a Portland, Ore., Class A office building consisting of 109,725 square feet. Senior Managing Director Nick Kucha, Director James Childress and Associate Logan Greer led the team that represented the seller, Swift Real Estate Partners. KBSRA Sixth at Yam LLC, a joint venture between True North and KBS, acquired the asset.<\/p>\n<h2>Sale history<\/h2>\n<p>Located at 811 SW 6<sup>th<\/sup> Ave., Sixth at Yamhill is situated at the corner of Southwest Yamhill Street and Southwest Sixth Avenue in downtown Portland. The creative-office property offers access to light rail, buses, parking garages and restaurants.<\/p>\n<p>Originally constructed in 1956 and completely renovated in 2016, the 11-story building features 9,600-square-foot floor plates and a fitness center. Additionally, the property offers 4,000 square feet of retail space. According to data provider Yardi Matrix, Sixth at Yamhill first traded in 2014 when JB Matteson sold the asset for $21.1 million, or $183,48 per square foot.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":436,"featured_media":1004185997,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21747,28440,15],"tags":[32792,34814,37090,34208],"class_list":["post-1004185996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-office","category-portland","category-west","tag-hff","tag-jb-matteson-inc","tag-sixth-at-yamhill","tag-swift-real-estate-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HFF Closes $29M Portland Office Sale - 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\/hff-closes-29m-portland-office-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Closes $29M Portland Office Sale\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/\" \/>\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=\"2017-08-07T15:03:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T01:11:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill-800x620.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/\",\"name\":\"HFF Closes $29M Portland Office Sale - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill-800x620.jpg\",\"datePublished\":\"2017-08-07T15:03:03+00:00\",\"dateModified\":\"2022-12-09T01:11:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e376ba4add70694b922380ddbe946d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill-800x620.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Sixth-at-Yamhill-800x620.jpg\",\"width\":800,\"height\":620},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-closes-29m-portland-office-sale\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HFF Closes $29M Portland Office Sale\"}]},{\"@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\/1e376ba4add70694b922380ddbe946d8\",\"name\":\"Adina Rogoz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Adina-Rogoz.jpg?w=78\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Adina-Rogoz.jpg?w=78\",\"caption\":\"Adina Rogoz\"},\"description\":\"Adina Rogoz is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. 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