Newmark, along with Vice Chairman Nick Kucha, Senior Managing Director James Childress, Directors Kellen Kollmorgen and Jakob Nicholls in collaboration with Vice Chairman Nick Bicardo and Associate Director Cheyne Bloch have successfully facilitated the sale of Block 3. This prime urban retail investment opportunity is situated in Portland’s Pearl District.
Located at the southern end of the bustling Pearl District, Block 3 offers a unique selection of retail spaces that cater to Portland’s affluent consumer base. The property boasts well-known tenants such as Starbucks, Bluemercury, Athleta and Reformation. Its strategic location next to The Henry Condominiums adds further value to this asset.
The undisclosed seller was represented by Newmark in this transaction.
