Oregon
Metro Business Park Marks Schnitzer Properties’ Fifth Phoenix Buy
Metro Business Park, a 188,820-square-foot light industrial business park in Phoenix, recently sold for $33.5 million. The park consists of… Read more
COVID Pours Kerosene on an Already Emerging Trend: Suburban Demand
Late last year, Colliers oversaw the close of two separate multifamily transactions in Portland and Vancouver. The properties totaling 154… Read more
Loan Will Provide Time for Moxy Hotel to Stabilize
Sonnenblick-Eichner Company recently arranged $39 million of non-recourse interim leasehold first mortgage financing for Moxy Portland Downtown, a 197-room hotel… Read more
Bringing Tanner Point from Zero to 100 During COVID is a Success Story
On Inc. recently signed a 28,762-square-foot expansion deal at Tanner Point located at 1250 NW 9th Ave. in Portland, OR,… Read more
By Recapitalizing Debt, JV Leverages Completed Work
A $80.5 million loan was recently arranged for the refinancing of 224 Logistics Park, an industrial facility in Milwaukie, OR.… Read more
Essential Tenants, Passive Lease Structures Top Investors’ Wish Lists
Further confirming that essential tenants, strong credit long-term passive lease structures and quality underlying real estate fundamentals are at the… Read more
JV to Develop Smart Growth Plan with Goal of Infusing New Life into Bend
Kennedy Wilson recently entered into a joint venture with Matt Day, owner of Bend-based Hooker Creek Companies, to acquire and… Read more
Western States Safety Workgroup Recommends Pfizer Booster for 12 and Older
The Western States Scientific Safety Review Workgroup completed its review of the federal process and recommended expanding Pfizer-BioNTech booster dose… Read more
First Multifamily Built in Slabtown, LL Hawkins, Trades in Portland
LL Hawkins, a 113-unit LEED Gold multifamily property with ground-floor retail, and the adjacent Slabtown Marketplace, a 36,0000-square-foot retail building… Read more
KW Fund VI Plans Immediate Upgrades to $121M Arbor Buy
Kennedy Wilson Fund VI, a commingled Western U.S. value-add fund managed by Kennedy Wilson, recently acquired Arbor Heights, a garden-style… Read more
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
Two Portland Properties Get Refis of Nearly $74M
Two loans were recently arranged, one totaling $45.8 million for the refinancing of Mohawk Business Park and another at $28… Read more
Trammell Crow Sells Hitachi Center of Excellence to Principal RE
Trammell Crow Company (TCC) recently sold a 195,546-square-foot industrial building in Hillsboro, OR it originally developed. The building was acquired… Read more
RISE’s Search Concludes for Urban Asset to Diversify Portland Portfolio
RISE Properties Trust recently purchased 10th @ Hoyt Apartments, a 178-unit mid-rise community in the Pearl District of Portland, OR.… Read more
Austin Ranks in 2021 STEM Job Growth Index’s Top 10
RCLCO Real Estate Consulting recently unveiled the results of its 2021 STEM Job Growth Index (STEMdex), which projects which metro… Read more
Apartment Rent Growth Accelerates Year Over Year
Led by metro areas in Florida and the Pacific Northwest, average monthly apartment rents increased 13% nationwide over the past… Read more
FDA, CDC Recommend Boosters for Everyone 18 Years and Older
The Western States Scientific Safety Review Workgroup recently recommended expanding Pfizer-BioNTech and Moderna booster dose eligibility to all individuals 18… Read more
Apple Hospitality REIT’s Buys Drive Value in Highly Competitive Marketplace
Apple Hospitality REIT Inc. recently acquired a portfolio of three hotels for a total purchase price of $126 million. The… Read more
DRA Advisors Buys Triangle Corporate Park in Shift to Suburbs
KBS recently sold Triangle Corporate Park III, a five-story 127,504-square-foot class-A office tower in Tigard, OR. The property was purchased… Read more