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SKB, RGA Pick Up Portland’s Leftbank
ScanlanKemperBard (SKB), in a joint venture with ReCap Real Estate Investment on behalf of Reinsurance Group of America (RGA), acquired the Leftbank property in the highly-desirable Eastside submarket of Portland, OR. The property encompasses 60,209 rentable square feet and consists of a four-story building, adjacent parking lot and vacant developable parcel of land.
Featuring exposed wood ceilings and beams, original masonry walls, and panoramic views of Portland’s west side, the building provides an engaging space that has become ideal and sought after for creative and tech tenants. The architecturally-appealing property is adjacent to a Portland Streetcar stop, a short walk to four MAX light rail lines, and near Portland’s Moda Center, home of the Portland Trail Blazers.
SKB’s Justin La Tempa says of the off-market transaction, “We are excited to acquire another asset in Portland’s thriving Eastside market. Leftbank’s central proximity and its adjacency to public transportation and Portland’s largest event venues, makes for an advantageous opportunity.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
