Dec
15
Bixby Land Co. Acquires $33M Office Complex in Portland
ByThe four-story, 185,729-square-foot office campus was 96 percent leased at the time of the sale.
CDK Plaza
Portland—Bixby Land Co. recently announced its purchase of CDK Plaza, a 185,729-square-foot, class A office space, for $33.4 million from KBS Real Estate Investment Trust. The seller was represented by Darwin Rodriguez and Jason Flynn of Eastdil Secured while Bixby represented itself in the transaction.
The four-story, two-building campus was 96 percent leased at the time of the sale. Bixby’s plans call for the redesign of an expansive plaza and courtyard area between two buildings, in addition to new lobbies and corridors, landscaping upgrades, and aesthetic improvements to the glass curtain wall…