KOIN Center Acquired for $88M

 PORTLAND, OR—KOIN Center, a 35-story mixed-use building that last changed hands in 2009, has been acquired by ScanlanKemperBard Companies for $88 million. Investment brokers, Clayton Jew and Dave Wientjes, of Kidder Mathews’ San Francisco office represented the seller, American Pacific International Capital, Inc., an international investment holding company with businesses throughout the U.S. and China.

ScanlanKemperBard, one of the largest real estate merchant banking firms in the Western US, plans to return the landmark “to its original prominence.” KOIN Center has approximately 355,000 rentable square feet and is located at 222 W. Columbia Street. It is named for anchor tenant KOIN, a CBS television affiliate.