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| Sixth at Yamill Office Building, Portland, OR |
Photo by Dave Davidson
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| Nicholas Kucha |
PORTLAND, OR –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the $28.5 million sale of Sixth at Yamill, a 109,725-square-foot,
creative office building in Portland, Oregon.
HFF marketed the property
on behalf of the seller, Swift Real Estate Partners. KBSRA Sixth at Yam, LLC, a joint venture
between True North and KBS, purchased the asset in an off-market
transaction.
Sixth at Yamhill is
situated at 811 Southwest Sixth Avenue at the high-foot-traffic,
high-visibility corner of Southwest Yamhill Street and Southwest Sixth Avenue
in downtown Portland.
The 11-story building was
renovated in 2016 and offers completely re-imagined creative office space with
9,600-square-foot floor plates overlooking Portland’s living room – Pioneer
Courthouse Square.
Sixth at Yamhill’s core location provides access to light
rail, buses, parking garages and is surrounded by luxury boutique hotels and
restaurants.
During its ownership,
Swift completed a major lobby remodel, repositioned floors three through 11 to
creative shell, established a common indoor-outdoor tenant patio on the fourth
floor, added basement bike parking and secured the high-end boutique Water Ave
Coffee Shop as a retail amenity.
The HFF investment sales
team representing the seller was led by senior managing director Nick Kucha, director James Childress and associate Logan Greer.
For more information on this news release, please
contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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