Wednesday, February 17, 2010

Hering, Jr. Arranges $14M for Portland Office Building

NBS Financial's Blake Hering, Jr. recently arranged $14 million for the CH2M Hill Center, a 221,037 sf office building in downtown Portland.

CH2M Hill Center's main tenant is CH2M Hill, an environmental and engineering consulting services company, which occupies more than 60 percent of the building. While it can be challenging to gain financing for a largely single-tenant building, the strength of the tenant and the building's occupancy were compelling. Other tenants include Stewart Title, Lifewise Healthplan of Oregon, and Ucentris.

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