Prime Boys & Girls Clubs property sold in Westmoreland, mixed-use development on the way

“As expected when it hit the market late last year, the Boys & Girls Clubs of Portland Metro’s Westmoreland property has fetched a pretty penny and will likely be developed into a mixed-use project with apartments and retail.”

“Holliday Fenoglio Fowler, L.P. announced today that Portland’s NBP Capital has purchased the 1.21-acre site at 7119 S.E. Milwaukie Ave. for $8.8 million. NBP, which owns nearly 3,000 apartments and half-million square feet of commercial property, has been active in recent times, including buying the Mint Urban RiverPlace apartments in Portland and teaming up with Provenance Hotels on several hospitality projects.”