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Seattle & Northwest  + Office  | 

Rialto Lands Acquisition Financing for Portland Waterfront Office Complex

A fund managed by Miami-based Rialto Capital Management, LLC secured $37.3 million in acquisition financing for Fremont Place I and II, an office campus in Portland’s Pearl District. The two and three-story office buildings at 1650 and 1750 NW Naito Parkway total 123,600 square feet.

JLL Capital Markets’ Casey Davidson and Zachary Kersten arranged the five-year, floating-rate acquisition/bridge loan through a debt fund. Loan proceeds will be used to acquire and transform the project into an urban waterfront campus through a series of interior and exterior renovations.

The 62%-leased property is positioned directly along the Willamette River and offers access to the Max and Streetcar lines, as well as Interstate 450. Originally built in 1987, Fremont Place I and II has been recently renovated and additional upgrades to the interior and exterior, including an outdoor amenity space, are scheduled for the near future.

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.

  • ◦Financing
  • ◦Sale/Acquisition
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