Park Square Portland
An office property in Portland, Oregon. Securitized in 1 CMBS deal in 2016.
$94.3MAppraised value (latest deal)
97.5%Occupancy
$5.1MUnderwritten NOI
5.4%Implied cap rate
- Address
- 100 Southwest Market Street & 1621 Southwest 1st Avenue, Portland, OR 97201
- Property type
- Office · CBD
- Year built
- 1969
- Size
- 196,646 SF
- Sponsor
- Wealth Management Capital Holding GmbH
- Loan purpose
- Acquisition
- Largest tenant
- Cambia Health Solutions
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2016-CD2 | 2016-12-08 | $94.3M | 97.5% | $5.1M | 5.4% | $42.4M | 45.0% | 2.06x | 424B |
More CMBS properties in Oregon →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.