Portland Pearl District Office Building Sells for $5.7 MillionÂ
The Gregory’s new owners can execute a ‘lease-up to stabilization strategy’ with the building sitting at 45% vacancy. Â
The Gregory’s new owners can execute a ‘lease-up to stabilization strategy’ with the building sitting at 45% vacancy. Â
The CBRE report suggests difficulty changing medical offices and inability to adapt to remote work are behind the lag.
The move continues the trend of law firms setting up shop in Portland, but bucks the trend of office vacancies in Portland’s downtown.