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March 28, 2018  

Mixed-Use Portland Property for Sale

A prominent apartment/office tower in downtown Portland, Ore., is being marketed to core investors.Indigo Twelve West, at 430 Southeast 13th Avenue, encompasses 273 luxury apartments, 86,000 square feet of offices, 10,000 sf of retail space and a 321-space garage that generates revenue. It’s expected to draw bids of approximately $210 million, which would translate into an initial annual yield of just under 5%.A local partnership between...

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