Oregon
Portland Multifamily Trades for the First Time in 25 Years
A recent sale represents the first time Sunset Summit has changed hands in more than 25 years. The 261-unit multifamily… Read more
Medford Center Set to Expand Roster with TJ Maxx
Later this year, The Village at Medford Center will expand its retail roster with a lineup of national off-price retailers… Read more
CRG Names SVP and General Counsel
CRG, the real estate development and investment arm of Chicago-based Clayco, has retained Jennifer Nichols as SVP and general counsel. With 15 years of legal experience, Nichols will oversee… Read more
CenterCal Taps Craig Ramey for PNW, Bay Area Leadership Role
CenterCal Properties named Craig Ramey President of the Pacific Northwest and Bay Area. Ramey will lead development, construction, and tenant… Read more
SKB Inks 110K-SF Metro Portland Lease with Twist Bioscience
ScanlanKemperBard (SKB) signed a new 110,000-square-foot lease agreement with Twist Bioscience Corporation at ParkWorks Industry Center in Wilsonville. The deal… Read more
Kirk Olsen Takes New Role with Trammell Crow in PDX
Trammell Crow Company promoted Kirk Olsen to Principal in the firm’s Portland business unit. Olsen joined the company in 2014… Read more
Artis REIT Divests Phoenix HQ Facility for $27M
Canadian-Based Artis Real Estate Investment Trust sold a 130,282-square-foot industrial manufacturing/R&D asset in Phoenix to Mapleton Investments, a Los Angeles-based… Read more
Gerding Edlen Completes Succession Plan, Investment Management Arm Goes Green
Portland-based Gerding Edlen Development (GED) phased out the Gerding Edlen name and formed Edlen & Company. Mark Edlen and former… Read more
Portland’s Pittock Block Trades for Record $326M
The Pittock Block, a 302,262-square-foot, mixed-use asset in Portland’s CBD, traded hands for $326 million. The buyer was a JV… Read more
IPA Brokers $81M MF Sale in Portland’s West Hills
Prime Residential acquired Sunset Summit, a 261-unit multifamily property in Portland’s West Hills neighborhood from BPM Real Estate Group for $80.75… Read more
Anchor Health Adds Happy Valley MOB
Virginia-based Anchor Health Properties acquired Mt. Scott Professional Center, a 38,858-square-foot Class A medical office building in Metro Portland’s Happy… Read more
SKB Snags Industrial Portfolio in Seattle’s Magnolia-Interbay Submarket
ScanlanKemperBard (SKB) formed a joint venture with an existing capital partner to acquire a 213,066-square-foot industrial property near Seattle’s Magnolia,… Read more
Harsch Expands Portland Portfolio with Industrial Buy
Harsch Investment Properties acquired a light industrial office building at 625 N. Thompson St. in Portland for $6.55 million. The… Read more
Invesco Nabs Nest Self-Storage Portfolio in Salem
Invesco Real Estate, in partnership with Baranof Holdings, acquired the Nest Self-Storage portfolio in Salem for an undisclosed amount. The… Read more
Oregon Unemployment Rate Drops, as COVID-19 Vaccines Arrive
Oregon’s unemployment rate dropped for seventh straight month to 6.0% in November from 6.8% in October. This drove Oregon’s rate… Read more
Parkview Delivers Construction Loan for Metro Portland MXU
Los Angeles-based Parkview Financial provided a $12.5-million construction loan to Village Development, LLC for a new a mixed-use project in… Read more
U.S. Jobless Claims Rise Amid Coronavirus Resurgence
The number of people filing initial jobless claims in the U.S. reversed course last week from a pattern it had… Read more
Panattoni Plans Industrial Development in Wilsonville
California-based Panattoni Development unveiled plans for Coffee Creek Logistics Center, a 110,366-square-foot industrial development in Wilsonville. The project is slated… Read more
Berkadia Secures $40M in Financing for PNW Skilled Nursing Facilities
Berkadia’s Seniors Housing and Healthcare Group recently secured nearly $40 million in loan closings. The deals involved skilled nursing facilities… Read more