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Prominent Portland, Oregon, office tower lands buyer within weeks of hitting market

Private investor scores major deal on skyline fixture
UBS Group acquired a stake in the "Big Pink" office tower in downtown Portland, Oregon, in 2015 in a deal that valued the building at nearly $373 million. (CoStar)
UBS Group acquired a stake in the "Big Pink" office tower in downtown Portland, Oregon, in 2015 in a deal that valued the building at nearly $373 million. (CoStar)
CoStar News
July 11, 2025 | 9:23 P.M.

One of the Pacific Northwest's marquee office towers has landed a buyer within weeks of hitting the market as investment activity picks up across the nation, though valuations remain far below their pre-pandemic levels.

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