- Associated Press - Thursday, November 5, 2015

PORTLAND, Ore. (AP) - The University of Oregon Foundation has purchased iconic buildings in Portland’s Old Town district.

The Oregonian reports (https://bit.ly/1MC1tBq ) that the foundation, which manages the university’s endowment, bought the White Stag Block facility for $42.6 million Wednesday.

The White Stag Block includes the Bickel Block Building, the Skidmore Block Building and the White Stag Building. The facility is home to the neon “Portland Oregon” sign that welcomes drivers and pedestrians crossing the river.

The facility’s previous owner, Craig Kelly, says the university became an anchor tenant in 2008 and occupies more than 70 percent of the 137,000-square-foot location.

The university’s website says students there are working on master’s degrees in architecture, strategic communication, business administration, sports product management, law and multimedia journalism.


Information from: The Oregonian, https://www.oregonlive.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide