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Seattle & Northwest  + Oregon  + Office  | 

Vista Picks Up PDX Historic U.S. Customs House for $30M

Santa Monica, CA-based Vista Investment Group acquired the historic 67,000-square-foot U.S. Customs House in Portland, OR from Eastern Real Estate for $30 million. Designated as a Portland Historic Landmark, and listed on the National Registry of Historic Places, the 1901-era property is considered one of the most ornate and intact historic buildings in Portland.

WeWork leases the entire building located at 220 NW Eighth Ave. in the Pearl District.

Vista’s Jonathan Barach notes “… The U.S. Customs House is an irreplaceable building in the Pearl District of Portland, and we consider it one of the jewels in our portfolio.”

Vista has acquired other architecturally significant, historic buildings in transformative urban neighborhoods on the West Coast, including the original 82,000-square-foot Boeing corporate HQ in Seattle’s Georgetown neighborhood; and the 50,000-square-foot Jensen’s Recreation Center in Los Angeles’ Echo Park district.

JLL’s Paige Morgan, Buzz Ellis and Peter Furest handled the sale.

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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