pdxCRE
@pdxcre.bsky.social
People and Places in Portland Commercial Real Estate
pdxCRE exists to connect, engage and inform people in the Portland commercial real estate community. Join us.
https://pdxCRE.com
pdxCRE exists to connect, engage and inform people in the Portland commercial real estate community. Join us.
https://pdxCRE.com
Downtown Portland Morgan Building sells for $6 million, last traded for $27.5 million in 2008.
Historic downtown Portland building sells for $6M - Portland Business Journal
The $6M deal continues the trend of declining downtown sales values.
www.bizjournals.com
December 17, 2025 at 5:00 AM
Downtown Portland Morgan Building sells for $6 million, last traded for $27.5 million in 2008.
SKB has acquired the Gus J. Solomon U. S. Courthouse in downtown Portland for $1.8 million.
Feds sell downtown courthouse to Portland buyer
The $1.8 million deal continues a string of downtown office sales at firesale prices.
www.oregonlive.com
December 6, 2025 at 3:35 PM
SKB has acquired the Gus J. Solomon U. S. Courthouse in downtown Portland for $1.8 million.
‘The soul of our city’: Portland’s 1803 fund reveals details for revitalization
‘The soul of our city’: Portland’s 1803 fund reveals details for revitalization
The 1803 Fund, which is restoring and redeveloping historically Black areas of the city, purchased $70 million worth of real estate in inner North Portland. Adams, the CEO of the 1803 Fund and a memb...
www.opb.org
December 4, 2025 at 3:22 PM
‘The soul of our city’: Portland’s 1803 fund reveals details for revitalization
Reposted by pdxCRE
Another player has submitted plans to redevelop Centennial Mills. A Vancouver developer wants to turn one of the existing buildings into a nightclub.
The proposal comes a month after design commission approved plans for the site to become a mixed-use development.
www.bizjournals.com/portland/new...
The proposal comes a month after design commission approved plans for the site to become a mixed-use development.
www.bizjournals.com/portland/new...
Vancouver developer eyes Centennial Mills site for nightclub - Portland Business Journal
A Vancouver developer is exploring the possibility of a nightclub as part of the old Centennial Mills site on the Willamette River.
www.bizjournals.com
November 25, 2025 at 12:59 AM
Another player has submitted plans to redevelop Centennial Mills. A Vancouver developer wants to turn one of the existing buildings into a nightclub.
The proposal comes a month after design commission approved plans for the site to become a mixed-use development.
www.bizjournals.com/portland/new...
The proposal comes a month after design commission approved plans for the site to become a mixed-use development.
www.bizjournals.com/portland/new...
Reposted by pdxCRE
I have had to tell desert towns in Oregon and Washington “‘maybe a data center isn’t a great idea here” more times than you might imagine. I’m glad I’m not the only one nervously watching what’s been happening.
How Oregon’s Data Center Boom Is Supercharging a Water Crisis
Amazon has come to the state’s eastern farmland, worsening a water pollution problem that’s been linked to cancer and miscarriages.
Rolling Stone reports in collaboration with @thefern.org: www.rollingstone.com/culture/cult...
Amazon has come to the state’s eastern farmland, worsening a water pollution problem that’s been linked to cancer and miscarriages.
Rolling Stone reports in collaboration with @thefern.org: www.rollingstone.com/culture/cult...
November 25, 2025 at 5:18 AM
I have had to tell desert towns in Oregon and Washington “‘maybe a data center isn’t a great idea here” more times than you might imagine. I’m glad I’m not the only one nervously watching what’s been happening.
Reposted by pdxCRE
this is a story about farming that they have decided to make about datacenters. the amazon rep called them liars directly and they just print it and then return to insinuating all sorts of shit
November 25, 2025 at 5:22 AM
this is a story about farming that they have decided to make about datacenters. the amazon rep called them liars directly and they just print it and then return to insinuating all sorts of shit
Reposted by pdxCRE
The Portland airport is the best in the world
November 25, 2025 at 7:36 PM
The Portland airport is the best in the world
Reposted by pdxCRE
A proposal for a vampiric nightclub at Centennial Mills raises questions about a recently approved plan to build three new multifamily, mixed-use structures at the long-jilted waterfront property.
Vampire-themed nightclub proposed at Centennial Mills
A commercial project is proposed for an existing building at Centennial Mills in Northwest Portland, raising questions about the site's long-planned redevelopment.
djcoregon.com
November 26, 2025 at 1:04 AM
A proposal for a vampiric nightclub at Centennial Mills raises questions about a recently approved plan to build three new multifamily, mixed-use structures at the long-jilted waterfront property.
Reposted by pdxCRE
Well, "very good news" was an understatement www.oregonlive.com/realestate/2...
1803 Fund acquires Portland grain silos in $70 million investment for Black community
The Phil Knight-backed organization expects to generate hundreds of jobs and nearly $700 million in economic impact through redevelopment of historic Albina properties.
www.oregonlive.com
November 20, 2025 at 11:31 PM
Well, "very good news" was an understatement www.oregonlive.com/realestate/2...
Reposted by pdxCRE
Portland's city council appears poised to ban algorithmic rent-fixing software. The proposed ban is backed by council President Angelita Morillo and other left-leaning City Council members.
djcoregon.com/news/2025/11...
djcoregon.com/news/2025/11...
Portland poised to ban use of algorithmic rent-fixing software
The City Council is considering a proposal to ban the use of rent-fixing software by major landlords in a bid to curb anticompetitive pricing and protect tenants.
djcoregon.com
November 14, 2025 at 6:24 PM
Portland's city council appears poised to ban algorithmic rent-fixing software. The proposed ban is backed by council President Angelita Morillo and other left-leaning City Council members.
djcoregon.com/news/2025/11...
djcoregon.com/news/2025/11...
Columbia Gorge Design Trail: These are the hotels design-minded architects visit
www.oregonlive.com/travel/2025/...
www.oregonlive.com/travel/2025/...
Columbia Gorge Design Trail: These are the hotels design-minded architects visit
The Architectural Foundation of Oregon's new Design Trail showcases meticulously restored historic buildings, including the Lightwell Hotel & Spa.
www.oregonlive.com
November 14, 2025 at 2:54 AM
Columbia Gorge Design Trail: These are the hotels design-minded architects visit
www.oregonlive.com/travel/2025/...
www.oregonlive.com/travel/2025/...
Bank of America to open location in Meier & Frank Building - Portland Business Journal www.bizjournals.com/portland/new...
Oregon's 3rd-largest bank to add location in Meier & Frank Building - Portland Business Journal
Permits filed with the city show Bank of America will build out multiple floors inside the building.
www.bizjournals.com
November 8, 2025 at 3:21 AM
Bank of America to open location in Meier & Frank Building - Portland Business Journal www.bizjournals.com/portland/new...
Reposted by pdxCRE
The conversion of the Oregon Casket building into housing is moving forward. With 34 units, it doesn't add a lot of housing—but it will bring life back to a building that's been vacant for decades, and that's very good news for Old Town. www.bizjournals.com/portland/new...
Plans revealed for Portland's first office-to-housing conversion - Portland Business Journal
Old Town's Casket Building was built in the 1890s and once served as a casket factory.
www.bizjournals.com
October 22, 2025 at 8:10 PM
The conversion of the Oregon Casket building into housing is moving forward. With 34 units, it doesn't add a lot of housing—but it will bring life back to a building that's been vacant for decades, and that's very good news for Old Town. www.bizjournals.com/portland/new...
Reposted by pdxCRE
"Ten years into a dream to connect Vancouver, B.C., Seattle and Portland via a high-speed rail line, stakeholders and backers of the mega-project said Wednesday that they’re still very much onboard — and to prepare for a long trip." – @geekwire.com www.geekwire.com/2025/slowly-...
Slowly but surely, high-speed rail backers believe Cascadia mega-project will become a reality
Ten years into a dream to connect Vancouver, B.C., Seattle and Portland via a high-speed rail line, the plan is moving forward, and Cascadia Innovation Corridor leaders say the next decade could be a ...
www.geekwire.com
November 3, 2025 at 5:42 PM
"Ten years into a dream to connect Vancouver, B.C., Seattle and Portland via a high-speed rail line, stakeholders and backers of the mega-project said Wednesday that they’re still very much onboard — and to prepare for a long trip." – @geekwire.com www.geekwire.com/2025/slowly-...
Reposted by pdxCRE
This is the first sizeable development I've seen in Portland that takes advantage of 2004's SB 1537, which requires mandatory approval of certain adjustments (variances) to local zoning codes. www.portlandmaps.com/detail/permi...
It will allow the 127 unit Apatheia development to move forward.
It will allow the 127 unit Apatheia development to move forward.
November 3, 2025 at 4:54 PM
This is the first sizeable development I've seen in Portland that takes advantage of 2004's SB 1537, which requires mandatory approval of certain adjustments (variances) to local zoning codes. www.portlandmaps.com/detail/permi...
It will allow the 127 unit Apatheia development to move forward.
It will allow the 127 unit Apatheia development to move forward.
Reposted by pdxCRE
washington county folks should make sure to check this one out, TV highway is going to be the next big FX project after design wraps up on 82nd ave
We’re looking for people representing a variety of perspectives to join the Tualatin Valley (TV) Highway Transit & Safety Project’s Community Advisory Committee, which will provide feedback about design to the project’s decision makers.
Learn more and apply: trimet.org/tvhighway
Learn more and apply: trimet.org/tvhighway
TV Highway Transit & Safety Project
We are upgrading bus service on TV Highway to FX.
trimet.org
November 3, 2025 at 8:00 PM
washington county folks should make sure to check this one out, TV highway is going to be the next big FX project after design wraps up on 82nd ave
Reposted by pdxCRE
It's a glimpse into what Portland's bike network could be. If we had a network of facilities like this, so many of our city's ills would be cured!
Come along for a ride on SW 4th — the new bike lane in downtown Portland that has set a new standard.
bikeportland.org/2025/11/03/v...
bikeportland.org/2025/11/03/v...
Video: Ride the new bike lane on SW 4th Avenue
PBOT just raised the bar for what we can expect from bikeways in Portland.
bikeportland.org
November 3, 2025 at 11:21 PM
It's a glimpse into what Portland's bike network could be. If we had a network of facilities like this, so many of our city's ills would be cured!
Beaverton selects Security Properties to redevelop site at Hall & Center; 155-160 apartment units and 10k SF or retail proposed.
Details revealed for Beaverton housing redevelopment at shuttered Buffet Palace site - Portland Business Journal
Security Properties was selected last week to redevelop a shuttered restaurant site into a mixed-use project.
www.bizjournals.com
November 4, 2025 at 12:05 AM
Beaverton selects Security Properties to redevelop site at Hall & Center; 155-160 apartment units and 10k SF or retail proposed.
Shorenstein seeks to rezone a portion of Kruse Way from office to residential
#LakeOswego
#LakeOswego
Developer plans to convert large office space building to housing in Lake Oswego - Lake Oswego Review
The Lake Oswego Planning Commission is reviewing a proposal to rezone nearly 13 acres of land from office campus to high-density residential.
lakeoswegoreview.com
November 1, 2025 at 3:07 PM
Shorenstein seeks to rezone a portion of Kruse Way from office to residential
#LakeOswego
#LakeOswego
Reposted by pdxCRE
This is still a very low price—far below replacement cost—but it's about 2.5x the price per square foot that Big Pink sold for. I do think we'll look back on Big Pink's sale as the bottom of the market (and Swickard a genius for picking it up at the price he did). www.wweek.com/news/2025/10...
PacWest Center Sells for $55.7 Million to Out-of-State Buyer
The price, though low by historical standards, wasn’t brutally low, like the one on Big Pink in July.
www.wweek.com
October 31, 2025 at 6:25 PM
This is still a very low price—far below replacement cost—but it's about 2.5x the price per square foot that Big Pink sold for. I do think we'll look back on Big Pink's sale as the bottom of the market (and Swickard a genius for picking it up at the price he did). www.wweek.com/news/2025/10...
Reposted by pdxCRE
Really sucks we spent the 2010s zero interest rate decade debating "Housing for Whom?" with the dumbest people on Earth and now that we've finally begun to change some important laws, interest rates are high, there's a tariff on every building material and construction labor is getting deported.
Deportations can reduce the housing construction workforce, leading to fewer units built and higher costs - contrary to claims that they lower prices, according to a sociologist who studies housing. #immigration buff.ly/Dfakz6o
The Trump administration’s anti-immigrant housing policy reflects a long history of xenophobia in public housing
Anti-immigrant housing policies have been cast as a way for citizens to access more housing, but they fail to prevent the shortages driving the crises.
theconversation.com
October 28, 2025 at 5:05 AM
Really sucks we spent the 2010s zero interest rate decade debating "Housing for Whom?" with the dumbest people on Earth and now that we've finally begun to change some important laws, interest rates are high, there's a tariff on every building material and construction labor is getting deported.
Reposted by pdxCRE
I'm curious what the take-up on this will be. It's not a lot of money; I don't believe there's a lot of "ready to go" projects; and the concept is really only viable at present for small (generally older, often URM in Portland) buildings.
If it's doable though, what an opportunity.
If it's doable though, what an opportunity.
Portland will offer a $7 million fund to office-to-residential conversion projects that are ready to go. Will it be enough to get projects moving?
djcoregon.com/news/2025/10...
djcoregon.com/news/2025/10...
Portland to offer $7 million for office-to-housing projects
The city is preparing to offer incentives to developers for projects to convert vacant office buildings into multifamily ones.
djcoregon.com
October 28, 2025 at 5:38 PM
I'm curious what the take-up on this will be. It's not a lot of money; I don't believe there's a lot of "ready to go" projects; and the concept is really only viable at present for small (generally older, often URM in Portland) buildings.
If it's doable though, what an opportunity.
If it's doable though, what an opportunity.