Portland-based Melvin Mark Investors acquired the historic Alderway Building in through an off-market deal arranged by Neville & Butler Commercial Real Estate. Originally built in 1911 as the Pantages Theater, the four-story Chicago-style building occupies the prominent corner of SW Alder and SW Broadway in downtown Portland. The building will undergo a full-scale redevelopment with the design handled by Hennebery Eddy Architects.
Melvin Mark Plans To Renovate Downtown Portland's Alderway Building
Former Pantages Theater Purchased in Off-Market Deal
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Alderway Building
705 Alder St, Portland, OR
- Companies
- Melvin Mark Companies
Construction
- Neville & Butler Commercial Real Estate
Real Estate