Portland
Omicron Fears May Delay Robust Recovery for Portland Office
As local businesses reopen and the state continues to rebound from the effects of the pandemic, the Omicron or other… Read more
Westcore Continues Infill Industrial Love with Halsey Buy
Westcore recently acquired Halsey Business Park, an approximately 405,000-square-foot industrial facility in the Portland metro area of Gresham for $54.1… Read more
Heather Lodge’s Happy Valley Location Points to Growth
Heather Lodge, a 178-unit multifamily community in Happy Valley, OR, was recently acquired by The Randall Group Inc., a local… Read more
$115M: Closing Price for Quincy 280-Unit High-Rise Multifamily
CBRE has arranged the sale of Neponset Landing, a 280-unit high-rise apartment community on Hancock Street in Quincy, MA, for… Read more
NOMAD Bridge Provides Time to Season for an Institutional Sale
Bridge financing of $25.5 million was recently arranged to refinance NOMAD, a 130-unit newly constructed multifamily property in Portland. The… Read more
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
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
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
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
Penske Expects McCoy Freightliner Acquisition to Generate $200M Annually
Penske Automotive Group Inc. recently acquired McCoy Freightliner, a retailer of medium and heavy-duty commercial trucks, located in Oregon. The… Read more
$100M in First Mortgage Debt Retires Existing Construction Loan for 5 MLK
Mesa West Capital recently provided the joint venture of The Green Cities Company and American Realty Advisors with $100 million… Read more