KBS bought Portland’s 16-story Meier & Frank department store for $54 million in 2016; it then transformed the landmark into Class A mixed-use space
In November 2016, real estate firm KBS bought the 16-story building for $54 million in a joint venture with private developer Sterling Bay. Their goal was to turn the retail property into a Class A mixed-use building while preserving its historical architecture. The $16.6 million project took a year to…
The Economic Times ·