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California Investor Buys Leland James Office Building in Portland’s Slabtown

Property Trades for 40% Below Previous Selling Price As City Values Decline
The four-story Leland James building, opened in 1973, received a full renovation a few years ago. (CoStar)
The four-story Leland James building, opened in 1973, received a full renovation a few years ago. (CoStar)
CoStar News
September 20, 2023 | 9:48 P.M.

A San Francisco-based real estate investment firm bought an office building in the Northwest district of Portland, Oregon, for nearly 40% less than the selling price of the property four years ago.

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