Block 300 Office Bldg Sold for $155.3M

Prudential Real Estate Investors purchased the Block 300 office building at 308 SW 2nd Ave. in Portland, OR from Rubicon US REIT for $155.25 million, or about $429 per square foot. The 361,805-square-foot, 10-story, 4-Star office building was constructed in 1991 on nine-tenths of an acre in the city’s CBD submarket. The asset was renovated in 2014, and is currently leased to Puppet Labs, CrowdCompass, and Aruba Networks. For additional information…

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