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Seattle & Northwest  + Portland  + Retail  |  November 12, 2024
Jasmine Kilman
By: Jasmine Kilman

Newmark Arranges Sale of Portland Retail Asset


Newmark has arranged the sale of Block 3, a prime urban retail investment opportunity located in the Pearl District of Portland, Oregon.

Newmark Vice Chairman Nick Kucha, Senior Managing Director James Childress, Directors Kellen Kollmorgen and Jakob Nicholls in cooperation with Vice Chairman Nick Bicardo and Associate Director Cheyne Bloch represented the undisclosed seller in the transaction.

Situated at the southern tip of the bustling Pearl District, Block 3 offers a unique mix of retail suites that cater to Portland’s upscale consumer base.

The property features well-known tenants such as Starbucks, Bluemercury, Athleta, and Reformation, and boasts a strategic location adjacent to The Henry Condominiums.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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