Portland International Center LLC Acquires Former Walmart Building For $20M

Portland's retail market witnessed the recent sale of a former Walmart building at 4200 SE 82nd Ave. for $20 million to Portland International Center LLC, associated with Hoang Nguyen, Brandon Wang, and a family trust. The development site spans approximately 153,846 square feet, with a price per square foot of $130.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $20,000,000
• Address: 4200 Southeast 82nd Avenue
• Market: Portland, OR
• Buyer: Hoang Nguyen & Brandon Wang - Portland International Center LLC
• Seller: Walmart Real Estate Business Trust
• Square Footage: 153,846
• Price Per Square Foot: $130

The buyer, Portland International Center LLC, is associated with Hoang Nguyen, Brandon Wang, and a family trust. The seller of the former Walmart building is the Walmart Real Estate Business Trust.