“Portland-based NBP Capital plans to buy and renovate the downtown Multnomah County Central Courthouse when the county moves to the new courthouse” …”Feigelson said, “we think buildings like this, that you can’t really replicate anymore, represent a huge opportunity in Portland.'”
“The term ‘RV Park’ likely brings to mind rows of trailers lined up on concrete pads, not streamlined modern structures and sweeping coastal views.” – Gray Magazine: Pacific Northwest Design
“From a big-picture perspective, Portland’s office market has been nothing if not desirable in recent years, fueled by a solid employment scene, increasing population and the Rose City’s continued value compared with other West Coast cities. –‘The top floor is like a condo penthouse: it has full city views,’ said NBP Capital’s Feigelson. That space[Stevens Building] is drawing lots of interest from a variety of prospective tenants.”
NBP Capital, a privately held commercial real estate fund with a focus on value-add and opportunistic investing on the West Coast, made a splash recently in Portland when it paid $32.2M for a portfolio of historic buildings: Blagen Block and New Market Theater building.
“Swift Real Estate Partner’s pace for wheeling and dealing in the Portland commercial office space has been brisk in the past few years.”
“The latest deal finds the San Francisco real estate investment firm selling a two-building office portfolio in Old Town Chinatown to NBP Capital for nearly $32.3 million. The buildings, which Swift acquired from Beardsley Building Development in 2015, include the Blagen Block and the New Market Theater.”
Noted local chef Doug Adams, who cooked his way through season 12 of Top Chef, left Imperial earlier this year, saying he would be pursuing something else sometime soon. That something else came to light yesterday with the news that Adams, renowned for his fried chicken and other entrees, will open his very first restaurant in the Woodlark hotel in 2017. The hotel is a renovation of two old buildings downtown by Provenance Hotels and NBP Capital.
Portland chef Doug Adams, one of the stars of ‘Top Chef’ Season 12, is finally opening his own restaurant.
“When you think of Coos Bay—the town of 16,000 on Oregon’s southern coast, which might be known to some Portlanders primarily for the Three Rivers Casino, the site where the New Carissa ran aground in 1999, or, of course, the birthplace of Steve Prefontaine—“high design” might not be the first thing that comes to mind. But a new RV park aims to change that.”
“Scheduled to open as early as next spring, the Camps at Coos Bay Lagoon will feature 220 camping sites and cabins, centered on a communal pavilion. On either side of the triangle-shaped property, campers can walk a short path to the ocean (as close as 50 yards during high tide).”
“At nine or 10 stories – depending how you count the original mezzanine – the Woodlark Building was one of Portland’s early skyscrapers. When its ribbon was cut in 1912, the Sunday Oregonian declared it “one of the most modern and complete buildings of its kind.””
“Now, workers are fusing the two historical properties into a 150-room hotel for the ownership trio of Arthur Mutal, NBP Capital and Provenance Hotels.”