PORTLAND
Asana Partners Plans $1B Capital Raise for Retail Fund Focused on Major West Coast Markets
By Jon Peterson Charlotte, N.C.-based Asana Partners is planning a $1 billion capital raise for its Asana Partners Fund III, according to information provided...
Amazon Announces Plans to Expand Operations In Canby, Oreg. With 517,000 SQFT Sort Center
New Amazon facility will create more than 500 jobs in the Canby region with an average starting wage of $18 per hour, comprehensive...
Greystar Breaks into Portland Development Market with Completion of 182-Unit Apartment Complex
By Meghan Hall Charleston, S.C.-based Greystar is one of the largest developers and managers of multifamily properties in the United States. In virtually...
Oregon Pension Fund Allocates $250MM into AEW Essential Housing Fund with West Coast Investment Focus
By Jon Peterson Demand for housing is likely not going to contract in the near to mid-term across the major employment centers across...
Optimus Properties Completes Purchase of Multi-Family Portfolio in Portland $10.38MM
(EDITOR’S NOTE: According to data from Reonomy, the deals closed mid-June but recently recorded. Optimus paid $6,676,324, or about $145,137 per unit for...
Red Hat Enterprises Spends $20MM on Tigard Self-Storage Asset
Extra Space Storage facility in Tigard, Oregon is comprised of 86,623 square feet and 950 storage units Tigard, OR – September 13, 2021 – Senior Vice...
Truebeck Begins Work on First Portland Affordable Housing Project to Use Cross-Laminated Timber
Portland, OR – Truebeck, an industry-leading commercial general contractor, is pleased to announce the beginning of construction on The Annex Apartments-Affordable Housing project...
Cumberland Holdings Buys Lenox Apartments in Portland for $14.7MM
By Vladimir Bosanac Multifamily investors continue to have a strong interest in assets across the greater Pacific Northwest region. In a recent transaction,...
Tremont Mortgage Trust Closes on Bridge Loan to Finance $19MM Acquisition of Parallax Apartments in Portland
(EDITOR’S NOTE: According to public records that just recently recorded, the sale of the asset closed on July 30, 2021. The complex sold...
Ziegler Closes $154.6MM Bond Financing for Terwilliger Plaza in Portland
CHICAGO, IL – SEPTEMBER 2, 2021 – Ziegler, a specialty investment bank, is pleased to announce the closing of Terwilliger Plaza’s $154,620,000 Series 2021A, Series 2021B and 2021C Bonds issued...
Mecanica Opens Portland, Ore. Area Office
OXNARD, Calif., Aug. 31, 2021 — Mecanica Scientific Services, an engineering and scientific analysis firm, opened an office in the Portland metropolitan area, providing its customers and industry...
Landmark Tower for Sale in Portland, Guidance at $120MM
(EDITOR’S NOTE: According to sources familiar with the property, guidance pricing on the asset is $120 million, or just under $672 per square...
