The Portland Development Commission sold the site to Guerrilla Development Co. for $1.16 million.
The Portland Development Commissionboard has agreed to sell the 13,566-square-foot parcel at 333 E. Burnside St., aka the Burnside Bridgehead, to The Fair-Haired Dumbbell LLC, the project arm of Kevin Cavenaugh’s firm, Guerrilla Development Co.
The Dumbbell will be a two-building office complex linked by a pedestrian bridge. It takes its name from its footprint.
Cavenaugh will develop a total of 63,700 square feet of office, retail and common area and about 40 parking spaces.
Read more at Portland Business Journal
Read an Oregon Business article on Kevin Cavenaugh here.