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Unico Properties, Partners Group Pay $255 Million for 18-Acre Montgomery Park in Portland

Joint Venture Picks Up 1 Million-SF Complex in City's Slabtown District
The nine-story office park in Montgomery Park was originally built in 1921 as a Montgomery Ward's department store. Photo: CoStar
The nine-story office park in Montgomery Park was originally built in 1921 as a Montgomery Ward's department store. Photo: CoStar
By Jonelle Lenz
CoStar Research
April 17, 2019 | 8:57 P.M.

A joint venture between Unico Properties and Partners Group purchased Montgomery Park, an 18-acre complex in Portland's Slabtown District for $255 million, or about $249 per square foot.

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