December 19, 2024
NORRIS & STEVENS, INC. BROKERS $1.7M INVESTMENT SALE OF MEDICAL OFFICE BUILDING IN PORTLAND, OREGON
Blackhawk, LLC recently completed the $1,700,000 investment purchase of a medical office building located at 4702-4706 NE Glisan Street in Portland, Oregon.
Constructed in 1912, the approximately 7,815 square foot single-tenant office building features a mix of open space, private offices, and a conference room. The property includes an ADA entrance and multiple ADA restrooms, as well as off-street parking.
The two-story property is located on NE Glisan Street across from Providence Portland Hospital, with convenient access to I-84, I-205 and Portland International Airport.
Tim Pfeiffer with Portland-based Norris & Stevens, Inc. represented the Buyer, and John Fezler, Nathan Oakley, and Nathan Sasaki with Apex Real Estate Partners, LLC represented the Seller, Providence Health & Services – Oregon, 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 7 million square feet of commercial space and 11,000 apartment units.
