Jewell Capital Acquires The Gregory Office-Retail Asset In Portland For $5.7M

Genworth, represented by Kidder Mathews brokers Darren Tappen, Sean McCarthy, and Brandon O’Leary, has sold The Gregory, an office-retail asset located at 425 Northwest 10th Avenue in Portland, Oregon. The property was acquired by Jewell Capital, led by Matthew Jewell, for a total price of $5.7 million, which translates to $121 per square foot. The asset spans a total area of 47,107 square feet.

Summary of transation details

• Property Type: Office
• Transaction Amount: $5,700,000
• Square Footage: 47,107
• Price Per Square Foot: $121
• Address: 425 Northwest 10th Avenue, Portland, OR
• Market: Portland, OR
• Buyer: Matthew Jewell - Jewell Capital
• Seller: Thomas Mcinerney - Genworth
• Brokers: Brandon O’Leary, Darren Tappen & Sean McCarthy - Kidder Mathews

The sale of The Gregory, an office-retail asset, brings together key players in the transaction. The buyer, Jewell Capital, led by Matthew Jewell, recognized the potential of the property and made the purchase for $5.7 million. On the other side, Genworth, represented by Kidder Mathews brokers Darren Tappen, Sean McCarthy, and Brandon O’Leary, successfully closed the deal, demonstrating their expertise in the market.