PORTLAND, OR-The Columbian Building in Downtown Vancouver, WA is on the market. The owner of the new six-story, 118,000-sf building is Scott Campbell, publisher of The Columbian newspaper. The asking price is $41.5 million. Norris Beggs & Simpson has the listing.

Campbell, under the name Downtown Vitality Partners, invested upward of $30 million developing the building for the newspaper, which occupies the four lower floors and was expected to eventually take over the entire building. Now, however, the newspaper is preparing to move back to its former headquarters and the new building is on the market.

Chris Johnson, the listing broker and an NBS executive, tells GlobeSt.com that there are multiple owner-users showing interest in the property, which was constructed by Gerding Edlen Development. “It will allow somebody to gain a presence in Clark County at the foot of the Interstate bridge in a LEED-Gold building for at or below replacement cost,” he says.

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