Naito Development LLC sold this 25,945-square-foot office building
to the Northwest Regional Re-Entry Center for $5.12 million, or about $197 per square foot.
The two-story building delivered in 1968 at 6000 NE 80th Ave in Portland has been fully occupied by the Northwest Regional Re-Entry Center since 2004, according to CoStar information.
There were no commercial brokers involved in this transaction. This deal was a lease option between the previous owner and the tenant directly. The seller also made a charitable donation to the buyer based on appraisal.
Please refer to CoStar COMPS# 2489330 for further details.