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

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.