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Home Commercial Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price
CommercialFinanceIndustry NewsPortland

Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price

December 17, 20252 Mins read1.3k
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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 one of the most severe corrections in its history, with downtown office buildings selling at fractions of their previous valuations. The latest transaction to underscore this trend is the Morgan Building at […]

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