In yet another acquisition, NBP Capital plans to redevelop Sunshine Dairy site in Northeast Portland

“Portland’s NBP Capital Partners continued its extensive run of acquisitions in the Rose City this week, this time picking up the former Sunshine Dairy Building in Northeast Portland.

The locally based real estate investment fund, whose passive capital partner, Berggruen Properties, is based in Los Angeles, bought the property for $8.1 million. The prior owners were the California company Karamanos Holdings Inc. John Karamanos founded Sunshine Dari in the 1930s.”