April 9, 2024
NORRIS & STEVENS, INC. BROKERS $1.05M SALE OF OFFICE BUILDING IN PORTLAND, OREGON
Victoria FLLLP recently completed the $1,050,000 purchase of The Kelly Building, located at 4621 S Kelly Ave in Portland, Oregon.
Constructed in 1965, the approximately 3,042 square foot two-story building features 10 private offices, a conference room, open office space, a break room, 3 restrooms, and 10 parking spaces. The east facing deck provides a clear and breathtaking view of the Willamette River. Conveniently located near the South Waterfront district, the property is within proximity to major transportation arterials such as I-5, Highway 99W, and Highway 43.
Designed by one of Portland’s most famous architects, Saul Zaik, the property embodies his “Northwest Modern” style. Zaik’s design for The Kelly Building captures the aesthetic of the Pacific Northwest with a stunning wood interior, floor-to-ceiling windows, and towering ceilings.
Todd VanDomelen and Mike Brown with Portland-based Norris & Stevens, Inc. represented the Seller, James G. Condon and Sarah J. Condon, and Jason Payne with Utopia Management represented the Buyer in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 10,250 apartment units.
