Home Finance 5,500 SQFT Coplen Building in Portland Sells for $1.5MM

5,500 SQFT Coplen Building in Portland Sells for $1.5MM

Mayahuel Management, Coplen Building, Portland, TriMet, Norris & Stevens

Mayahuel Management LLC recently completed the $1,500,000 purchase of the Coplen Building, located at 1200-1208 NW Glisan Street in Portland, Oregon.

The Coplen Building is an approximately 5,466 square foot property situated on 0.12 acres. Constructed in 1926, the building is equipped with a basement, a mezzanine, restaurant space, and ground floor retail. Conveniently located as a corner location in the Pearl District, the property is within close proximity to boutique retailers, restaurants, galleries, TriMet bus lines, the Portland Streetcar, and I-405.

Norris & Stevens, Inc. represented both parties in the transaction with Todd VanDomelen and Michael Brown representing the Seller, and Luis Martin del Campo representing the Buyer.

Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 9,100 apartment units.