February 28, 2023
NORRIS & STEVENS, INC. BROKERS $1.55M SALE OF OFFICE/RETAIL BUILDING IN PORTLAND, OREGON
Christ Church Sellwood recently completed the $1,550,000 purchase of the 7970 Milwaukie Building, located at 7970 SE Milwaukie Ave in Portland, Oregon.
The 7970 Milwaukie Building is an approximately 5,000 square foot office/retail facility that currently occupied by the Classical Ballet Academy. The single story building is situated on 0.13 acres, and includes 6 parking spaces. The property is conveniently located within close proximity to Hwy 99E in the desirable Sellwood-Moreland neighborhood of Portland.
Tim Pfeiffer and Camden Muller with Portland-based Norris & Stevens, Inc. represented the Buyer, and Jim Gillespie and Stacey Rustad-Smith with Keller Williams Realty, Inc. represented the Seller, CBA Group LLC, in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 9,100 apartment units.