Pearl condo project hits 50 percent sales mark
Portland Business Journal
The 937 Condominium project has hit the 50 percent mark for sales, one year after the 16-story, 114-unit tower opened at 937 N.W. Glisan St. in the Pearl District.
It’s one of the few high-profile condominium projects that has not publicly reduced prices or converted into an apartment complex in the face of dwindling interest from buyers.
Developer Patrick Kessi said sales have been consistent since the building opened in 2009 and received a bump when it was one of the sites featured in the 2009 Street of Dreams. The showcase drew more than 40,000 visitors to the building.
In other 937 news, Kessi anticipates earning the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) platinum certification in February.
Prices at the 937 start at about $350,000 for one-bedroom units.
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