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Lincoln Beats Out Others for Ownership of 121K-SF Portland Office

Lincoln Property Co. beat out a multitude of other investors to become the Fremont Place I and II office complex’s new owner. The Dallas buyer paid Boston seller TA Associates Realty $31.5 million for the 121,500-square-foot, two-building property on the Willamette River in Portland, OR.

Seller reps Gary Griff and Jim Lewis with Cushman & Wakefield had more than 100 investors showing interest in the asset at 1650-1750 N.W. Naito Pkwy., gave 30 tours to prospective buyers, and received a dozen offers. All but 14,000 square feet has been leased, and Griff said that the vacant space has been converted into creative office space.

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Inside The Story

Read More at Portland Business JournalConnect with Cushman & Wakefield's GriffConnect with Cushman & Wakefield's Lewis

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

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