Nov
20
HFF Does Double Duty on Portland Office Campus Deal
ByCBRE Global Investors has acquired the 295,767-square-foot office asset for $94.4 million.
Park Square Campus (courtesy of Red Studio Inc.)
Portland—Park Square Campus, a 295,767-square-foot, two-building creative office campus in Portland’s CBD, got a new owner with a double dose of help from HFF. The firm closed the $94.4 million sale of and arranged $42.4 million in financing for a CBRE Global Investors client.
HFF marketed the 1.75-acre property on behalf of Clarion Partners LLC, a New York-based investment advisor and real estate investment manager that was acting as advisor to a separate account client. The purchaser was a European separate account client advised by Los Angeles-based CBRE Global Investors…
