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Seattle Firm Buys Portion of Pearl District Mixed Use

PORTLAND, OR—Four floors of office and retail space sold separately from residential floors.

By David Phillips | Updated on April 12, 2013

PORTLAND, OR—Seattle-based investment firm Meriwether Partners has paid $10.6 million to acquire four floors in the Gregory Lofts Condominiums.

The deal encompasses around 32,000 square feet of retail and office space in the 12-story building, according to a report in the Portland Business Journal. The upper floors of the building located in the Pearl District at 425 N.W. 10th Ave. are residential condos, controlled by the condo association.

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