1320 Broadway, Portland, OR

February 22, 2017 Comments Off on Office Comes to Market at $92M Ask Views: 250 National News, Oregon, West

Office Comes to Market at $92M Ask

Urban Renaissance Group, headquartered in Seattle, is ending its close to three-year-hold on the approximately 165,000-square-foot office building at 1320 Broadway in Portland. The owner retained Eastil Secured to put the building on the market for an asking price of $92 million. URG acquired the building in 2014 for $14.2 million.

Designed by Pietro Belluschi, the building underwent a multimillion-dollar remodel, and is close to leased up with tenants including Elemental Technologies and D+H Financial Technologies. Tech firm Elemental Technologies inked a deal in 2016 for 101,000 square feet. Meanwhile, D-H Financial took 45,000 square feet. Additional tenants include an architecture firm and Ristretto Roasters, which is opening a café in the lobby.

Read More at Portland Business Journal

Connect with Urban Renaissance Group


Subscribe to Connect Daily National

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: ,

Comments are closed.