Broadreach - U.S. Bancorp Tower

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U.S. Bancorp Tower

Portland, OR

Type

Class A Office Tower

Size

1.1 million sq ft

Status

Fully Realized

Details

A 42-story high-rise office property located in the heart of Portland's northern downtown market adjacent to the Pearl District.
Broadreach successfully navigated an extremely complex investment structure to capitalize on acquiring this otherwise core property at a steep discount to intrinsic value. During ownership, Broadreach increased the property's value through a noteworthy rehabilitation of the retail plaza and lobby area, which resulted in very strong financial gains.