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Home Commercial Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM
CommercialFinanceIndustry NewsPortland

Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM

May 27, 20263 Mins read521
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Portland, Kidder Mathews, The Watermark, Pearl District, US Alliance Holden Of Pearl, Bennington on First, Millhouse, Block 44, Vancouver, IDM Companies, CI-GS Slabtown LLC, Alamo Manhattan, Sequoia Equities, Tessera, Sandy28, Green Leaf
Courtesy of Justin Shen
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Nonprofit's purchase of former NWEA headquarters lands at 77 percent below the property's 2015 trade, marking the latest fire-sale benchmark for downtown Portland office. A seven-story Old Town office building that once anchored Portland's go-go-era valuations has changed hands at the lowest price in its history, the latest signal that the city's downtown office market […]

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