The Janey and Big Pink lead lists of most expensive deals in record-breaking year.
BY JACOB PALMER | DIGITAL NEWS EDITOR
The Janey and Big Pink lead lists of most expensive real estate deals in a record-breaking year.
The area had more than $1.6 billion in multifamily building sales by the end of September.
In the office market, building deals reached into the nine-figure range, and some of Portland’s most recognizable towers – including the U.S. Bancorp Tower and the KOIN Center – saw ownership changes.
The deals fueled rising rents and reflected historically low inventory. And as long as demand continues to outstrip supply, observers don’t expect the landlord’s market to swing back toward tenants in 2016.
Here are some of the highest-priced acquisitions of 2015. The apartment building deals, provided to The Oregonian/OregonLive by multifamily brokerage HFO Investment Real Estate, are ranked by price per square foot. The office deals, courtesy of the commercial real estate firm Jones Lang LaSalle, are ranked by total sale price.
(READ MORE: OregonLive.com)
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