Shorenstein Properties LLP is seeking a buyer for First & Main, its new office tower in the heart of downtown Portland. The San Francisco-based real estate firm, among Portland’s largest office owners, engaged Eastdil Secured to market the 16-story, …

2010 ended on a flat note as the Portland-area residential real estate market rang up $5.3 billion in sales, down 3.6 percent from $5.5 billion in 2009. The market fell off after a federal tax credit worth up to $8,000 expired. Buyers, sensing more pri…

Mayor Sam Adams wants the city to look again at turning the Sgt. Jerome Sears United States Army Reserve Center into a heavy equipment storage and staging area.
Plans to covert the 3.7-acre site at 2730 S.W. Multnomah Blvd. into a mixe…

Oregon ended 2010 ranked No. 12 nationally in terms of foreclosure activity. According to the 2010 U.S. Foreclosure Market Report from Irvine, Calif. RealtyTrac, there were 36,958 foreclosure filings in Oregon last year, or one for every 44 housing uni…

MULTNOMAH — A lack of funding has led the city of Portland to pull the plug on plans to develop a mixed-income housing complex at the Sgt. Jerome Sears United States Army Reserve Center.

Finding a use for surplus space

The 3.7-acre…

The Greenbrier Cos. reported a 17 percent increase in sales in the first quarter and narrowed its losses as the company benefits from renewed demand for new railcars. The Lake Oswego-based maker of railcars and marine barges (NYSE: GBX) also beat Wall …

Portland area home prices may drop an additional 4.6 percent in 2011, on top of the 4.2 percent tumble experienced last year. Nationally, home prices dropped 4.1 percent in 2010 and are forecast to drop another 3.7 percent this year, according to the H…