China Investor Buys One Airport Center

PORTLAND, OR-A local partnership sells the 71,000-sf multi-tenant class A office building near the airport to Mainland China-based J&R Group for $11.6 million.

By Brian K. Miller | January 30, 2007 at 03:40 PM

One Airport Center was built in 1996 on one acre of land at 7700 NE Ambassador Place in Portland International Center. The building's major tenant is Rentrak Corp., which occupies 75% of the space.

Tom Hanacek of Sperry Van Ness in Portland represented the seller, locally based Airport Partners, LLC. Pam Baker and Mike Holzgang of Colliers International represented the buyer, J&R Group. The Lake Oswego, OR office of GE Real Estate provided the acquisition financing.

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