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PORTLAND, ORE. — Second City Real Estate has acquired a 72,572-square-foot office building in Portland’s Lloyd District for $14.5 million. The building, known as 1500 Plaza, is located at 1500 N.E. Irving St. It was built in 1964 and designed by Skidmore, Owings and Merrill.
The property is currently 95 percent leased. More than one quarter of the space has already been converted into modern, creative workspace.
JLL’s Paige Morgan and Buzz Ellis executed the sale. The seller was Swift Real Estate Partners.