California company makes offer on Blue Heron mill site

California company makes offer on Blue Heron mill site

The Shopoff Group offered $2.8 million for the Oregon City property.

Shopoff is a diversified real estate with a history of buying distressed or underperforming properties. The company is active in several states, primarily California and Texas, but does not appear to have any projects in Oregon.

The purchase price represents just half the $5.75 million still owed to creditors.

Read more at OregonLive.com