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Seattle & Northwest  + Oregon  + Healthcare  | 

Bentall Kennedy Acquires PDX MOB

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Toronto-based Bentall Kennedy (U.S.) Limited Partnership acquired The Oregon Clinic Gateway Medical Office Building in Portland, OR on behalf of its U.S. core fund for an undisclosed amount. The seller, The Oregon Clinic Gateway Medical Office Building, LLC, was represented by CBRE in the sale-leaseback transaction.

The 101,299-square foot, Class A, LEED Gold medical office building is located on a .97-acre parcel at 1111 NE 99th Ave. in Portland’s Gateway District. Originally constructed in 2006, the facility includes space for medical offices, day surgery, on-site diagnostic imaging and laboratories.

The 100% leased building includes such tenants as The Oregon Clinic, the leading Portland-area multi-specialty physician group, and Providence St. Joseph Health, a 50-hospital healthcare system.

It is Bentall Kennedy’s first MOB investment in Portland. The company has increased its MOB holdings to 23 properties, totaling 1.8 million square feet.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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