Portland CRE investors continue buying streak — outside the Rose City

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 […]

Plymouth office building sells for $23M

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.

Edina’s Braemar Office Park sells for $22M

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.

Value of Zulily’s building shoots up 38% in seven years

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.

Oregon real estate company back for seconds in Denver

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.