Portland, OR – July 7, 2015 – CBRE is pleased to announce the sale of the waterfront development site at 221 SW Naito Boulevard.
Graham Taylor and Carrie Kahn, CBRE’s Portland Capital Markets professionals, represented the seller in this transaction and negotiated the sale.
The waterfront development site is a 14,863 square foot parcel, one of the last development opportunities available on the Downtown Portland Waterfront. With its location across SW Naito Parkway from Waterfront Park, the site offers sweeping views from the Central Eastside to Mt. Hood. Walkscore.com rates the site with a walkscore of 97, bikescore of 99 and transit score of 94.
The official address of the site is 221 SW Naito Blvd, Portland, OR 97204. The CXd zoning (Central Commercial with Design Review overlay, City of Portland) allows commercial, retail, hotel, mixed-use and/or residential development.
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.