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621 Southwest Morrison Street
SOLD

Jordan Menashe's Menashe Properties Acquires American Bank Building On Southwest Morrison Street For $13.6M

621 Southwest Morrison Street

Retail
183,735 SF
clock iconSold 245 days ago
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Summary

Sale
OREGON
Retail
183,735 sqft

Menashe Properties, a Portland-based commercial real estate firm, has acquired the American Bank Building at 621 SW Morrison Street in downtown Portland for $13.6 million. The retail property spans a total area of 183,735 square feet, with a price per square foot of $74.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $13,600,000
  • Address: 621 Southwest Morrison Street, Portland, OR
  • Market: Portland, OR
  • Buyer: Jordan Menashe - Menashe Properties

This transaction showcases Menashe Properties' commitment to downtown Portland, further establishing their presence in the area's commercial real estate market.

Details

Deal Summary
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SOLD
IMAGE: Jordan Menashe DATE: 09/15/2023 ADDRESS: 621 Southwest Morrison Street MARKET: Portland, OR ASSET TYPE: Retail BUYER: Jordan Menashe - Menashe Properties SALE PRICE: $13,600,000 SF: 183,735 ~ PPSF: $74 NOTE: Menashe Properties, a Portland-based commercial real estate firm, has deepened its commitment to downtown Portland by acquiring the American Bank Building at 621 SW Morrison Street for $13.6 million.

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Address621 Southwest Morrison Street

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