Prominent Portland office tower sold

The PacWest Building at 1211 S.W. Fifth Ave. hit the market shortly after U.S. Bancorp Tower earlier this summer with broker Newmark handling the building listing.

PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW News partner.

One of Portland’s largest towers has sold.

The PacWest Building at 1211 S.W. Fifth Ave. hit the market shortly after U.S. Bancorp Tower earlier this summer with broker Newmark handling the building listing.

Newmark Vice Chairman Nick Kucha posted about the sale on LinkedIn Wednesday, saying the sale listing “attracted 15 offers with and sparked multiple rounds of competitive bidding.”

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