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Portland Oregon old town sign on a building
Industry NewsLeasingPortlandRetail

Prosper Portland Launches $800K Grant Program to Fill Vacant Storefronts as Vacancy Nears 40%

Facing a combined 39 percent vacancy rate across its central city, Portland is offering matching grants of up to $100,000 to grocery stores,...

Aerial view of Lake Whatcom, Bellingham, Washington, USA
AECIndustry NewsResidential

Mercy Housing Northwest Advances 74-Unit, $36MM Affordable Senior Community in Bellingham’s Old Town

Mercy Housing Northwest has firmed up plans for a 74-unit affordable housing building for low-income seniors on a half-acre lot in Bellingham’s Old...

CommercialFinanceIndustry NewsPortland

TriMet to Acquire Former Greyhound Terminal in Portland for $7MM with Plans for Bus Layover Facility

Portland transit agency scores deal on property that was once under contract for $35 million TriMet is moving forward with plans to purchase...

A photo of Beaverton, Oregon, USA, at sunset, a suburb. A photo from a height
AECCommercialIndustry NewsPortlandResidential

Beaverton Urban Redevelopment Agency Plans 231-Unit Mixed-Income Lombard West Project

City-owned 2.03-acre site near Beaverton Transit Center heads toward a $100 million redevelopment with mass timber buildings, commercial space, and a new public...

Portland, Kidder Mathews, William Baxter, Moore Family Trust, Clackamas, DR Horton, Moonstruck Chocolate Co., Arbor RE, Lincoln Property Company, Block 216, BPM Real Estate Group, Downtown Development Group
CommercialFinanceIndustry NewsPortland

Central City Concern to Acquire 160,000 SQFT Everett Building in Portland’s Old Town

Homeless services nonprofit strikes lease-to-own deal with NWEA for seven-story property long left vacant Portland’s nonprofit sector is seeing a shift in how...

portland skyline with bridges
AECCommercialIndustry NewsPortland

CityTeam Portland Opens New 30,000 SQFT Old Town Headquarters After $3MM Renovation of Historic Overland Building

Faith-based nonprofit expands housing and recovery programs as Portland looks to adaptive reuse of office space to address its housing shortage As cities...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
CommercialFeaturedHospitalityIndustry NewsPortlandResidentialRetail

Portland’s Downtown Dilemma: Modest Gains Mask Deeper Challenges

The Rose City’s central district shows life, but competing data reveals a recovery more fragmented than many peer cities Portland’s downtown recovery defies...

Skyline of Portland, Oregon
CommercialFinanceIndustry NewsPortland

83,000 SQFT Mercy Corps Building in Downtown Portland Listed for $17.6MM

The Mercy Corps Building, a landmark 83,032-square-foot Class A office property located at 45 SW Ankeny Street in Portland’s historic Old Town district,...

sandra-seitamaa-WvbNzomZtlg-unsplash-portland
CommercialFinanceIndustry NewsPortland

38,000 SQFT Former Greyhound Terminal in Portland’s Old Town Hits the Market for $10MM

The former Greyhound Bus Terminal, located at 550 NW 6th Avenue in Portland’s historic Old Town neighborhood, has been listed for sale at...

portland skyline
CommercialFinanceIndustry NewsPortlandResidential

Historic 47,600 SQFT White Shield Center in Portland Listed for $5MM

The White Shield Center, a 47,632-square-foot owner-user and residential development opportunity located at 2640 NW Alexandra Avenue in Portland’s Nob Hill neighborhood, has...

Center Lounge_4 (1)
AECCommercialIndustry NewsNews ReleasesPortlandResidential

CityTeam Portland Announces 27,000 SQFT Office-to-Residential Conversion Project in Old Town/Chinatown

New 27,000 27,000-Square-Foot facility in the Overland Building will Enable the Nonprofit to Add Transitional Housing, Event Space, and Room for Administrative Offices...

PAE Living Building
AECCommercialNews ReleasesPortland

The PAE Living Building in Portland Receives Full Living Building Challenge Certification

The building generates 113% of the energy it needs from solar, captures rainwater for drinking, and screens out hazardous chemicals. It is transforming...

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