April 16, 2020
NORRIS & STEVENS, INC. BROKERS $1.25M SALE OF FORMER UNIVERSITY OF WESTERN STATES OFFICE BUILDING IN NE PORTLAND, OREGON
Hazelwood Healthcare LLC recently completed the $1,250,000 purchase of an approximately 3,766 square foot office building located at 12615 NE Halsey Street in Portland, Oregon. The building was being used as a chiropractic center by University of Western States and their students. The new owner, a University of Western States alumnus, intends to move his existing chiropractic practice into the building.
Gabe Schnitzer and Greg Nesting with Portland-based Norris & Stevens, Inc. represented the Buyer, Hazelwood Healthcare LLC, and Joe Kappler with Macadam Forbes represented the Seller, University of Western States, 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 8,400 apartment units.
