Portland, OR

CBRE Arranges Sale of Ladd Tower in Downtown Portland

May 15, 2026

Modern high-rise residential and office buildings with glass facades in a vibrant urban cityscape, surrounded by trees and streets under a clear blue sky.

Associated Contact

Claudia Lippman

Communications Specialist

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CBRE announced the sale of Ladd Tower, a 332‑unit Class A multifamily high‑rise located at 1300 SW Park Ave. in downtown Portland. The high-rise property sold to Guardian.

CBRE’s Josh McDonald and Joe Nydahl, along with CBRE’s Debt & Structured Finance team, including Jesse Weber and Andrew Behrens, represented both the buyer and seller in the transaction.

Ladd Tower is a 23‑story, institutional-quality property featuring luxury amenities and condo-specification residences. The property is centrally located in downtown Portland and is considered one of Portland’s premier multifamily assets.

“Closing Ladd Tower is a milestone transaction for the Portland market,” said McDonald. “This is an institutional‑quality high‑rise in an irreplaceable downtown Portland location, and the strong investor interest we saw throughout this process is a real testament to the enduring appeal of the city.”

The property is located adjacent to the South Park Blocks and within walking distance of Portland State University, public transit and major downtown employers.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.