Portland's historic Yeon Building, which has been languishing since the owners of the building went through a bankruptcy in late 2009 (lately, it has been 50% unoccupied) has been purchased by a New York real estate firm. The major tenant, in my mind, is Portland's Metropolitan Public Defenders, one of Portland's main public defense outfits.
The purchaser, Jonathan Rose Companies, LLC, has bold plans for the building, including getting it LEED Certified as a green building. The same company has also purchased a large apartment complex in Goose Hollow, and is clearly making inroads to the currently depressed Portland commercial real estate market.
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