Spear Street Capital Acquires Leland James Office Building In Slabtown For $41M

The Leland James office building in Slabtown, located at 2175 Northwest Raleigh Street, Portland, OR, has been sold for $41 million in a recent transaction. The four-story office building spans 118,104 square feet and was purchased by Spear Street Capital from ABS Real Estate Investments.

Summary of transaction details:

• Property Type: Office
• Sale Price: $41,000,000
• Square Footage: 118,104
• Price Per Square Foot: $347
• Address: 2175 Northwest Raleigh Street, Portland, OR
• Buyer: Spear Street Capital - John Grassi
• Seller: ABS Real Estate
• Broker: Nicholas Kucha - Newmark

Spear Street Capital, represented by John Grassi, acquired the Leland James office building from ABS Real Estate Investments. The transaction was facilitated by Nicholas Kucha of Newmark, acting as the broker for the deal.