Hyperion Realty Capital has paid $30.85 million, or $160.43/sf, for Oregon Trail Center, a 192,298-square-foot retail property in Gresham, Ore. The Sherman Oaks, Calif., company purchased the shopping center from Rhino Investments Group of Henderson, Nev., in a deal brokered ...
The Oregonian Menashe Properties has purchased Montgomery Park, a 756,000-square-foot office property in Portland, Ore., out of foreclosure for $33 million, or $43.65/sf. Unico Properties previously had owned the property, paying $255 million for it in 2019. But it lost it ...
Multi-Housing News A development group comprised of Vista Residential Partners, PCCP LLC and Principal Asset Management has secured $38.2 million of financing for the construction of One26 Vista, a 238-unit apartment property in Portland, Ore. Principal Financial Group provided a ...
Columbia Commerce Park is 93 percent leased, with tenants paying what BKM said were rents that are 21 percent lower than market rates. So, it expects to be able to take advantage of the 3.3-year weighted average lease term at ...
REBusiness Online A development group comprised of Vista Residential Partners, PCCP LLC and Principal Asset Management has broken ground on One26 Vista, a 238-unit apartment property in Portland, Ore. Vista, of Atlanta, PCCP, of Los Angeles, and Principal, of Des ...
PCCP LLC has provided $45 million of financing against the 232-unit Dylan apartment property in Portland, Ore. The loan allowed the property's owner, a venture of Alamo Manhattan of Dallas and MetLife Investment Management, to refinance existing debt. The loan ...
Midway Logistics Portland LP has paid $32.5 million, or $153.29/sf, for the 212,015-square-foot Swan Island Industrial Park in Portland, Ore. Midway Logistics is an investor group led by Dean J. Moser of Novato, Calif. It purchased the property from North ...
BKM Capital Partners has paid $62.7 million, or $167/sf, for the 375,429-square-foot Columbia Commerce Park industrial property in the Airport submarket of Portland, Ore. The Newport Beach, Calif., investment manager bought the property, at 5743 NE Columbia Blvd., from Clarion ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
