Real Estate

CBRE Negotiates $10M Sale of Former YWCA Building in Portland

Source Link: https://rebusinessonline.com/cbre-negotiates-10m-sale-of-former-ywca-building-in-portland/

PORTLAND, ORE. — CBRE has brokered the sale of a residential and office building located in Portland’s Cultural District. W.H.J. Holdings LLC sold the property to Harsch Investment Properties for $10 million.

Located at 1111 SW 10th Ave., the five-story, 66,074-square-foot building is currently occupied by Morrison Child and Family Services, a nonprofit that provides specialized services to children who have experienced trauma or adversity. Built in 1958 and renovated in 2002, the former YWCA building currently features on-site parking, a full gym, pool and cafeteria.

Trevor Kafoury of CBRE represented the seller in the deal.

Morrison Child and Family Services currently occupies the 66,074-square-foot residential and office building located at 1111 SW 10th Ave. in Portland.

Published Date

January 15, 2019

Category

Real Estate

Author

Carole Hui