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Portland Pearl
Mixed-use

Portland Pearl

LNP — Pearl District Mixed LLC · Portland, OR

Book value$67.0M
NOI$3.1Mtrailing twelve months
Cap rate5.4%
Occupancy82%
Asset class
Mixed-use
Market
Portland, OR
Ownership
70%
Source system
Yardi
Acquired
2019
Rentable area
150,000 sqft
JV partner
Willamette Urban (30%)

About

Ground-floor retail over creative office in Portland's Pearl District. Retail recovered; office lagging.

History

book value ($M)
Portland Pearl
In the close
Q2 2026 · consolidation
StatusSigned off
Owning entityLNP
SourceYardi
NI this quarter$560,000
Rolled into the LNP consolidation — not separately tracked this close.