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Menashe Buys 3rd Largest Office Building in Portland

Commercial Property Executive – August 12, 2024

An entity associated with Menashe Properties has acquired Montgomery Park, a 768,443-square-foot office building in Portland, Ore. Natixis sold the asset for $33 million, Multnomah County records…

Montgomery Park office complex in NW Portland sells for fraction of previous sale price

OregonLive – August 10, 2024

The Montgomery Park office complex in Northwest Portland has sold for $33 million to a company tied to the Menashe real estate family, according to property records filed on Friday.

Meet The Portland Business Journal’s 40 Under 40 For 2024. Ross Kelley, Menashe Properties

BIZJOURNALS – July 24, 2024

Motivate and educate are checked off on Ross Kelley’s to-do list. A team player who leads by example, Kelley has nearly doubled real estate investor Menashe’s portfolio of commercial properties…

Despite $20 Million in Renovations, Oregon Office Property Sells With Deep Discount

CoStar – July 19, 2024

Even after a multimillion dollar overhaul, a landmark office property in Portland, Oregon, traded for just $3.25 million, nearly $6 million less than its 2018 sales price of $9.85 million.

Legal Aid and Oregon Law Center lease 17,000 SF in downtown Portland historic building

BIZJOURNALS – June 25, 2024

A historic office building purchased at a discount last year signed two new tenants.

The Oregon Law Center and Legal Aid Services of Oregon will move into the American Bank building next to Pioneer Courthouse Square…

Luxury real estate firm Engel & Vӧlkers opening downtown Portland office

BIZJOURNALS – June 19, 2024

Luxury real estate brokerage Engel & Vo ̈lkers will take a ground-floor retail space inside downtown Portland’s West End.

Engel & Vo ̈lkers signed a 10-year lease for 1,700 square feet inside the 511 Building, property owners Menashe Properties said. The company plans to open the new location in August….

Grindr plans a move to Loop office tower, setting up global engineering hub

Chicago Sun Times – May 18, 2024

Grindr, the LGBTQ+ dating app, will open its largest global engineering hub in the Loop and plans to hire more software engineers and developers.

The office at 230 W. Monroe St. spans 8,000 square feet and will be finished in August. It will initially house more than…

Grindr Opens New Office in Chicago to Serve as Engineering Hub As it Continues to Innovate The World's Largest Social Networking App for LGBTQ+ People

Yahoo Finance – May 17, 2024

Driven by its strong financial performance throughout 2023, Grindr Inc. (NYSE: GRND) today announced the opening of a new office in Chicago, marking a significant milestone in…

Menashe Properties Pays $45M for Chicago Tower

Commercial Search – Sept 26, 2023

Menashe Properties has entered the Chicago market, acquiring 230 West Monroe, a 707,000-square-foot office tower, for $45 million. The seller was Accesso Partners, which acquired the building in 2014 for $122 million, according to CommercialEdge data.

In 2019, the property became subject to an $87.7 million loan from Morgan Stanley, the…

Menashe drops $45M in cash for discounted Loop office tower

The Real Deal – Sept 22, 2023

A major downtown Chicago office tower has changed hands for the first time in over a year, hinting at a possible recovery for an office sector that’s still reeling from the pandemic while highlighting how much Loop office buildings have depreciated recently.

Portland Investor Snags Office Building For Big Discount, The First Loop Office Sale In More Than A Year

Bis Now – Sept 22, 2023

An Oregon investor bought a 29-story office tower in the West Loop, the first office building purchase in the Loop in more than 12 months…

Menashe Properties Buys 184,000 SQFT American Bank Building in Portland for $13.6MM

The Registry – Sept 18, 2023

An historic office building in Portland traded for less than a third of what it sold for nearly 10 years ago. The city’s American Bank Building, located in the heart of downtown, was purchased for $13.6 million…

Firm acquires historic downtown building

DJC Oregon – Sept 15, 2023

Menashe Properties has acquired the 183,735-square-foot American Bank Building in downtown Portland. The $13.6 million purchase closed on Thursday.

The 110-year-old building is listed on the National Register of Historic Places…

Menashe Expands in Denver With $50M Office Buy

Commercial Property Executive – Aug 4, 2022

Menashe Properties is keen on industrial, retail and office, and has expanded its holdings in the latter sector with the acquisition of Stanford Place III.

Real estate investment firm expands into Texas

DJC Oregon – June 1, 2021

Menashe Properties has purchased two office buildings in Dallas, giving the Portland firm a footprint in another fast-growing city.

Galleria area office campus sells to Oregon investor

Dallas Morning News – May 28, 2021

An Oregon investor has snapped up a high-profile office campus in Dallas’ north suburbs.

Oregon investor makes first acquisition in Texas

Dallas Business Journal – May 28, 2021

Company closes on Heritage One and Heritage Two, a two-building, 370,000-square-foot office complex in North Dallas.

Portland developer gives $110K in Gift Cards to strangers

Portland Business Journal – Mar 24, 2020

Barry Menashe has plans for more giveaways, but he’ll also try to comply with Gov. Brown’s executive order.

Portland firm adds shopping center to portfolio

Posted January 3, 2020 DJC Oregon

Menashe Properties has acquired Vancouver Village for $22.25 million.

Family-Run Firm Nabs National Landmark Building

Posted September 19, 2019 CoStar

Buyer Describes Historic Downtown Tower as ‘Legacy Asset’

With $113M buy, Menashe Properties seals its biggest deal yet

Posted September 16, 2019 Portland Business Journal

Menashe Properties has acquired the Medical Dental Building in Seattle.

With $39M sale, Menashes broaden their strategy, fuel up for growth

Posted August 8, 2019 Portland Business Journal

The firm is adding a new model to its traditional approach of holding assets long-term.

Jordan Menashe named to the Portland Business Journal’s 40 under 40

Posted April 16, 2019 Portland Business Journal

Introducing the Portland Business Journal’s 2019 forty under 40 class.

Jordan Menashe – One of 23 Portland business people to watch in 2019

Posted January 15, 2019

The developer (right) said last week that while a new SW 12th & Morrison office building is one of the firm’s first ground-up projects, there are plenty more on the way.

Portland’s newest hotel opens its doors in the Pearl

Posted August 9, 2018 KGW

The Canopy by Hilton, a “lifestyle hotel brand” from Hilton, opened its doors at the end of July.

12th & Morrison

Posted July 14, 2018 LRS Architects

This new contemporary six-story, mixed-use office building was designed to stand out from its downtown Portland context with strong building forms, sleek materials and floor to ceiling glazing.

Unitus Plaza

Posted April 25, 2018 Portland Business Journal

Two longtime Portland families reach a $26M deal for downtown plaza. The deal includes a prominent 94,000-square-foot building and more than 300 underground parking spots.

New West End building awaiting completion

Posted August 3, 2017 DJC Oregon

Menashe Properties’ second major development, a six-story retail-and-office building in downtown Portland’s West End, is on track to open in mid-September.

Portland developers ease homeless crisis

posted July 23, 2017 The Oregonian/OregonLive

Developer Tom Cody lost all the ground-floor retail tenants of his building on the Northwest Park Blocks and he thinks he knows why.

Construction is underway!

Posted March 30, 2017 nextportland

Construction is in it’s first phase on a 6 story office building at SW 12th Ave & Morrison St. The 58,862 sq ft project will include ground floor retail with 5 floors of office space above.

Menashe snaps up Denver office property

Posted January 5, 2017 Bisnow National

Portland-based Menashe Properties has acquired the 600k SF Aurora Marketplace, an eight-building corporate office campus in suburban Denver.

Portland real estate owners donate space for homeless

Posted January 20, 2016 OregonLive

Like many other downtown Portland businesspeople, Barry Menashe wishes there weren’t so many homeless people on the streets.

Menashe empire grows with Seattle-area office

posted January 14, 2016 Portland Business Journal

Last week, he was helping to launch a new homeless shelter in downtown Portland; this week, he’s closed a $26.5 million office complex deal in the Seattle area.

Menashe adds Denver office park

Posted January 4, 2017 DJC Oregon

Menashe Properties has closed on the purchase of an eight-building, 600,000-square-foot office campus near Denver for $35.5 million.