A family-run business in Portland, Oregon, snapped up the 109-year-old American Bank Building for one of the lowest per-square-foot prices for a large downtown office property on record amid rough conditions in the city’s office market.
Historic Office Building Sells for Bargain Price in Downtown Portland, Oregon
Menashe Properties Buys 14-Story American Bank Building for 75% Lower Price Than Previous Sale in 2014
CoStar News
September 15, 2023 | 11:50 P.M.
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IN THIS ARTICLE
- Properties
- American Bank Building
621 Morrison St, Portland, OR
- Companies
- Menashe Properties
Real Estate
- Lionstone Partners, LLC
Finance and Insurance
- ScanlanKemperBard Companies
Finance and Insurance