Archives

August 28, 2020 NORRIS & STEVENS, INC. BROKERS $2.6M OFFICE SALE IN PORTLAND, OREGON L & N Fifth, LLC and L & N Second, LLC recently completed the $2,600,000 purchase of an [...]

August 13, 2020 It is with great sadness that we share the news that Brian H. Bjornson, Chairman of the Board for Norris & Stevens. Inc., passed away on Tuesday, August 11, 2020 after an [...]

August 4, 2020 NORRIS & STEVENS, INC. BROKERS $18.335M SALE OF WESTWYND APARTMENT HOMES IN VANCOUVER, WA DURING COVID-19 Rise Properties (Westwynd) Limited Partnership, a REIT based in [...]

July 30, 2020 NORRIS & STEVENS, INC. BROKERS $2.8M INDUSTRIAL SALE IN MILWAUKIE, OREGON S.E. Moores II LLC has sold to SKMV Properties LLC the $2,800,000 multi-tenant industrial building of [...]

July 3, 2020 NORRIS & STEVENS, INC. BROKERS SALE OF $1.4M OFFICE BUILDING IN SE PORTLAND Confederated Tribes of the Grand Ronde Community of Oregon recently completed the $1,400,000 purchase [...]

June 30, 2020 NORRIS & STEVENS, INC. BROKERS $2.4M SALE OF 5.95 ACRES OF LAND IN HILLSBORO, OREGON Cedartree Hotels, Inc. recently completed the $2,400,000 purchase of 5.95 acres of land [...]

March 13, 2020 NORRIS & STEVENS, INC. BROKERS $1.7M INDUSTRIAL SALE IN NORTHEAST PORTLAND, OREGON Mr. Daniel Puha, Ms. Gabriela Puha, and Mr. Daniel F. Bogdan recently completed the [...]

March 13, 2020 NORRIS & STEVENS, INC. BROKERS $8.63M SALE OF THE GARTHWICK APARTMENTS IN SE PORTLAND, OREGON Yellow Submarine, LLC recently completed the $8,630,000 sale of The Garthwick, an [...]

March 12, 2020 NORRIS & STEVENS, INC. BROKERS $5.3M SALE OF OFFICE BUILDING IN SOUTHEAST PORTLAND Mr. Paul R. Pierce and Ms. Joanne Fuller recently completed the sale of an approximately [...]

February 18, 2020 NORRIS & STEVENS, INC. BROKERS $4.55M SALE OF LAURELHURST HOUSE ASSISTED LIVING IN PORTLAND, OREGON LHH Property, LLC recently completed the $4,550,000 purchase of an [...]

February 3, 2020 NORRIS & STEVENS, INC. BROKERS $1.95M SALE OF 19,800 SF INDUSTRIAL PROPERTY IN MILWAUKIE, OREGON Bruno Ventures LLC and Brunello Holdings LLC, recently completed the [...]

January 24, 2020 NORRIS & STEVENS, INC. BROKERS $5.3M SALE OF TRI-DEV INDUSTRIAL PARK IN PORTLAND, OREGON PIR Whitaker Way, LLC recently completed the $5,300,000 purchase of an approximately [...]

January 6, 2020 NORRIS & STEVENS, INC. BROKERS $4M SALE OF 40 UNIT APARTMENT COMPLEX IN ALBANY, OREGON Maples 40, LLC recently completed the $4,000,000 purchase of The Maples apartment [...]

December 18, 2019 NORRIS & STEVENS, INC. BROKERS $1.6M SALE OF OFFICE BUILDING IN SOUTHEAST PORTLAND, OREGON Double Honey, LLC recently completed the $1,600,000 purchase of an approximately [...]

December 5, 2019 NORRIS & STEVENS, INC. BROKERS $2M LEASE AT SOUTH TRAILS CENTER IN BEND, OREGON Harbor Freight Tools USA, Inc. recently completed the lease of an approximately 15,277 square [...]

December 3, 2019 NORRIS & STEVENS, INC. BROKERS $1.35M LEASE AT SOUTH TRAILS CENTER IN BEND, OREGON Mountain’s Edge recently completed the lease of an approximately 10,567 square foot retail [...]

November 25, 2019 Cap Rates vs Interest Rates: The Effects on Value? by David C. Chatfield • Multi-Family Investment Broker Nearing the end of the second quarter of 2019, Capitalization Rates [...]

November 1, 2019 NORRIS & STEVENS, INC. BROKERS $4.3M SALE OF BRAEMONT TERRACE APARTMENTS IN BEAVERTON, OREGON Russell Hosner, LLC recently completed the $4,300,000 ($134,375 per unit) [...]

October 17, 2019 NORRIS & STEVENS, INC. BROKERS $10.25M SALE OF COLUMBIA SHORES OFFICE BUILDING IN VANCOUVER, WASHINGTON Bill Naito Company recently completed the $10,250,000 purchase of an [...]

October 14, 2019 HARRISON INDUSTRIES TO COMPLETE NEW 135 UNIT MULTI-FAMILY COMPLEX IN PRINEVILLE, OREGON Harrison Industries, a multi-family builder based in the northwest, recently began [...]

October 9, 2019 NORRIS & STEVENS, INC. BROKERS $1.7M RETAIL LEASE IN NW PORTLAND Barry’s, a lifestyle fitness brand with over 60 studios across the United States and abroad, recently signed a [...]

September 17, 2019 HOW HAVE PORTLAND METRO APARTMENTS FARED OVER THE LAST TEN YEARS? by Cameron Mercer • Multi-Family Investment Broker If you have been an apartment building owner since 2009, [...]

September 10, 2019 FINDING THE RIGHT APARTMENT INVESTMENT by Charles Conrow • Senior Broker Each investor will have its own specific needs and requirements. One will want pride of ownership, [...]

September 9, 2019 THE FED HAS CHANGED COURSE, GOOD NEWS FOR BORROWERS by Kirk Ward • Senior Multi-Family Investment Broker With seven quarter-point increases by the Fed in 2017-2018, the Fed [...]

September 6, 2019 ARE YOU READY FOR THE CHANGES IN YOUR FUTURE? by Brian Bjornson  •  Chairman   With a great number of legal changes that have occurred and will be affecting your apartment [...]

September 4, 2019 NORRIS & STEVENS INC. BROKERS $1.84 MILLION SALE OF FORMER CLINE GLASS BUILDING IN SOUTHEAST PORTLAND KBD Holdings, LLC, recently completed the $1,840,000 purchase of an [...]

September 3, 2019 NORRIS & STEVENS, INC. BROKERS $3,425,000 MULTI-FAMILY PROPERTY SALE IN VANCOUVER, WASHINGTON Ray Brussart recently completed the $3,425,000 purchase of an approximately [...]

August 13, 2019 NORRIS & STEVENS, INC. BROKERS $1,645,000 OFFICE SALE IN NE PORTLAND Wilken/Demarest, LLC recently completed the $1,645,000 purchase of an approximately 4,758 square foot [...]