- Associated Press - Wednesday, June 14, 2017

PORTLAND, Ore. (AP) - Portland’s tallest building is being sold.

The Oregonian/OregonLive reports (https://bit.ly/2rsP9oP ) that Wells Fargo announced Wednesday it is selling the Wells Fargo Center and will lease back some office space.

Completed in 1973, the skyscraper is 546-feet tall - 10 feet higher than the U.S. Bancorp Tower.

Wells Fargo said the sale is part of a strategic realignment of real estate.

Downtown real estate has grown increasingly valuable in recent years as tech companies and others move from the suburbs into Portland’s core.



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

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