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King Tower Apts. Sells for $26M

Harsch Investment Properties Sells High-Rise Apt. Building in Portland
By Tommy Gibbs
March 31, 2008 | 6:40 P.M.

Commerce Investment Inc. acquired the 190-unit King Tower Apartments in Portland, OR, from Harsch Investment Properties for $26 million, or $136,842 per unit, with a cap rate of 5%.

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