Urban Renaissance Group
Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment
Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...
Barnes & Noble to Shutter Portland’s Lloyd Center Location as Mall Prepares for $1B Redevelopment
The bookstore’s May 2 closure marks one of the first tenant exits as Urban Renaissance Group and KKR move forward with plans to...
168-Room Hotel Eastlund in Portland Hits Market for Receiver Sale
Convention-adjacent boutique asset tests investor appetite as Portland’s lodging market seeks firmer footing As Portland’s hospitality sector works through a post-pandemic reset, one...
Lloyd Center Demolition Plans Advance as Portland Mall Enters Final Chapter
Owners present 5,000-unit mixed-use redevelopment plan to city officials as iconic 1960s shopping center prepares for transformation Owners of Portland’s Lloyd Center are...
Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price
Historic 150,040-square-foot downtown Portland office property trades at steep discount as market vacancy reaches record levels Portland’s commercial real estate market is experiencing...
KKR Acquires 143,000 SQFT Former Sears Anchor Property in Portland for $9.1MM as Lloyd Center Redevelopment Advances
143,000 SQFT property completes private equity firm’s control of Portland mall site The transformation of aging shopping centers into mixed-use developments continues to...
Report: Portland Office Vacancy Hits Record 26.6% as Market Sheds 306,000 SQFT in Q3
With leasing down and landmark assets like US Bancorp Tower trading for $45 million, Portland’s office sector faces its weakest demand on record...
Urban Renaissance Group’s 83-Unit 800 Alaskan Way Project Gets Green Light for Residential Conversion
Seattle approves pathway to transform waterfront office complex into a housing development timed for World Cup preparations A mixed-use development project in Seattle’s...
Plaza 600 Lands 40,000 SQFT in New Leases Despite Seattle Office Vacancy Surge
A major Seattle office tower has secured a number of new leases even as its vacancy rate climbed following a multimillion-dollar renovation. Plaza...
Portland Office Vacancy Reaches Record 15.1% as Leasing Hits All-Time Low
The Portland office market continued to weaken in the second quarter of 2025, with vacancy reaching an all-time high and leasing activity slowing...
Vacancy Rise and Rent Growth Define Portland’s Shifting Retail Landscape in Q2 2025
The Portland retail real estate market exhibited signs of transition in the second quarter of 2025, with fluctuations in vacancy, rental pricing, and...
Urban Renaissance Group Assumes Management of 400 Westlake, Federal Reserve Building and 800 Alaskan Way in Seattle
Firm Plans Significant Investments in 400 Westlake and the Federal Reserve Building; Will Focus Aggressively on Activation and Leasing Seattle, Wash., May 12,...
