Wilken/Demarest, LLC recently completed the $1,645,000 purchase of an approximately 4,758 square foot office building at 3308 NE Peerless Place in Portland, Oregon.
The classic vintage structure built in 1928 sits at the entrance to the Laurelhurst neighborhood, designated by iconic stone markers. The former single-family home comes with a warm residential feel but commercial zoning. The buyer is an owner/user.
Doug Carter and Duane Link with Portland-based Norris & Stevens, Inc. represented Wilken/Demarest Properties, LLC in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5 million square feet of commercial space and 9,000 apartment units.