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Merchant Hotel Building in Portland Sells to Restaurant Owner - Connect CRE

Summary by Connect CRE
The Merchant Hotel, a building that spans 60,500 square feet across four floors and was built in 1880, has been bought by a local Portland restaurant owner. The building was previously owned by NBP Capital, who purchased the building in 2017 for $12.25 million, reported the Portland Business Journal. The property is listed on the National Register of Historic Places. Adam Milne, who also owns Old Town Pizza and the Haunted Underground Shanghai T…
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Connect CRE broke the news in on Tuesday, May 27, 2025.
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