A few years ago, Matt Felton, president of Portland real estate investment firm Felton Properties, told the Business Journal that if the company couldn’t find the deals it wanted in Portland, it would look elsewhere. “It all goes back to buying intrinsically,” Felton had said. “If we can’t find it in Portland, we’ll go to […]
An Oregon-based investor has paid $23.2 million to buy a 245,000-square-foot office building in Plymouth. Portland-based Felton Properties Inc. bought the single-story Berkshire Corporate Center at 2300 Berkshire Lane N from St. Louis Park-based The Excelsior Group, Felton Properties CEO Matthew Felton said.
A 217,000-square-foot office complex in Edina sold this week for $22.35 million. The Braemar Office Park, at 7900 and 8000 78th St. W., sold to an entity related to Portland, Ore.-based investor Felton Properties Inc., according to a certificate of real estate value filed with Hennepin County.
Retrofitting two well-known office buildings in downtown Portland to meet LEED standards has cut energy costs for the properties to below $1.50 per square foot, boosting their appeal for clients seeking scarce space downtown.
A Portland firm has rammed its way into the competitive Minneapolis commercial real estate market. Felton Properties Inc. is buying the 26-story Rand Tower office building in downtown Minneapolis.
Felton Properties Inc., a Portland, Ore.-based real estate investment firm, is buying the 26-story Rand Tower office building in downtown Minneapolis.
Tech companies, including Zulily, have had great success in the 114-year-old building that sits at the corner, and it’s paid off handsomely for different real estate investors over the years with Portland-based Felton Properties being the latest.
Felton Properties Inc. dropped $9.6 million to buy the Tower Colorado, 1720 S. Bellaire St. in Denver, near Interstate 25 and South Colorado Boulevard. The 127,715-square foot, 15-story building was 99 percent occupied at the time of the sale.