trending Market Intelligence /marketintelligence/en/news-insights/trending/XU1AmPCi8--7BtYh7e47CQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Intercontinental Real Estate buys Heartline office building in Portland, Ore.

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Intercontinental Real Estate buys Heartline office building in Portland, Ore.

Real estate investment manager Intercontinental Real Estate Corp. acquired the office component of the Heartline development project in Portland, Ore.'s Pearl District on behalf of its U.S. Real Estate Investment Fund LLC, the Portland Business Journal reported.

The terms of the transaction were not made public, although sources told the publication that the purchase price was close to roughly $48.5 million. The seller was Security Properties Development Co.

The five-story office building is fully occupied by vacation rental company Vacasa LLC, and the ground-floor retail tenants include Kure Juice Bar, Little Bean and QuickFish Poke Bar. The Heartline development also features a 15-story apartment building.

Newmark Knight Frank represented the seller on the deal.

Security Properties Managing Director Ed McGovern did not respond when the publication asked for comment on whether the company intends to sell the apartment portion soon, according to the March 22 report.