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Low angle view of a modern style business building, with lots of windows on a sunny, cloudy day
FinanceIndustry NewsPortlandResidential

MG Properties Pays $60.8MM for 337-Unit Gresham Apartment Portfolio

Buying at roughly $180,400 per unit — below the Portland metro's current average sales price — MG Properties is adding to a 13-community...

Fitness gym
Industry NewsPortlandRetail

Planet Fitness Franchisee Easy Mile Fitness Commits $30MM to Oregon Expansion with Six New Locations

Easy Mile Fitness, a Boston-based Planet Fitness franchisee that has assembled one of the fastest-growing fitness portfolios in the Pacific Northwest, will invest...

portland skyline with bridges
AECIndustry NewsPortlandResidential

Related Northwest and Centro Cultural Open 159-Unit Alder 9 Affordable Housing Community in Portland’s Central Eastside

Related Northwest and Centro Cultural have completed Alder 9, a 159-apartment affordable housing community in Portland's Central Eastside that pairs deeply affordable rents...

Portland Oregon old town sign on a building
Industry NewsLeasingNews ReleasesPortland

Norris & Stevens Renews Downtown Portland Office Lease at Standard Insurance Center

The Portland brokerage firm's first renewal at Standard Center — where it has operated since 2015 — comes after it evaluated suburban alternatives,...

Skyline of Portland, Oregon
AECCommercialFeaturedFinanceIndustry NewsPortland

City Study Pegged Moda Center Needs at $505MM as Trail Blazers Seek $600MM in Public Funds

A city-commissioned facility assessment found the Moda Center needs $505 million over 20 years to remain operable, well below the $600 million public...

View of Portland
AECFeaturedIndustry NewsPortlandResidential

CPAH Breaks Ground on 96-Unit Jamii Court Family Housing Project in Southwest Portland

Nonprofit developer converts former motel-turned-shelter into a five-story, family-focused affordable community backed by $15.1 million in Metro Bond funding Community Partners for Affordable...

Skyline of Portland
CommercialFeaturedIndustry NewsPortland

Mystery Investor Group HeronPark Secures Five-Year Option to Buy 350 Acres of Portland’s Ross Island

A Delaware-registered consortium working with Tetra Tech has quietly locked up the rights to one of the most contested industrial properties on the...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
FinanceIndustry NewsPortlandResidential

Guardian and PCCP Acquire 332-Unit Ladd Tower for $63.3MM in Downtown Portland, 20% Below 2010 Trade

The 23-story Park Avenue high-rise marks the latest discounted bet on a downtown Portland comeback by Tom Brenneke's Guardian Real Estate Services, and...

downtown Portland Oregon
FeaturedIndustry NewsLeasingPortlandRetail

Oregon’s Retail Sector Bleeds Jobs at Five Times the National Rate as Portland’s Urban Core Falters

State retail employment has cratered nearly 6 percent since 2019 while the rest of the country barely flinched, exposing a localized contraction that...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
AECCommercialFeaturedFinanceIndustry NewsPortlandResidential

Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share

Oregon's governor wants the city's funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...

portland skyline with bridges
AECFeaturedIndustry NewsPortlandResidential

Metro Bond Closes In on 5,600 Affordable Homes as Portland Region Confronts 24,000-Unit Shortfall

Greater Portland's voter-approved housing measure is on track to deliver 1,700 more units than originally promised, even as regional demand for low-cost housing...

Portland skyline with the Colubia River
FinanceIndustry NewsPortlandResidential

76-Unit Tabor Commons Apartments Hits the Market in Portland’s Mt. Tabor Neighborhood

The 1928-era property, renovated for more than $10 million between 2017 and 2020, comes with assumable agency debt fixed at 2.99 percent through...

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