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Monday, 25 March 2019

CBRE Renames Vacant Portland, Ore., Office Building After $76.6Mln Purchase

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CBRE Global Investors, which in December paid $76.6 million, or nearly $418.60/sf, for the 1250 NW 9th Ave. office building in Portland, Ore., is renaming the recently completed building Tanner Point.

The Los Angeles investment manager had purchased the eight-story building, at the corner of NW 9th Avenue and NW Northup Street in the city's Pearl District, from a venture of Williams & Dame Development and Miller Global Properties.

Williams & Dame, of Portland, had...

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Portland
  • States: Oregon
  • Sector: Office
  • Subject: Property Acquisitions (ACQ)
  • Company: CB Richard Ellis
  • Valuation: Between $50 million and $100 million
  • Private: Yes
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Dan Moynihan

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