Commercial Properties Maintained by BPM

Barclay Grayson is an active presence in the Portland, Oregon, entrepreneurial community who serves as senior vice president of BPM Real Estate Group. Responsible for acquisitions and development, Barclay Grayson is part of a multifaceted team that manages a wide range of office buildings and commercial properties in Portland. The more than $250 million in properties developed since 2015 include Pearl West, Willamette Oaks, 2100 Building, and Broadway Tower.

Rising 19 stories, Broadway Tower is situated in the central downtown area, only 5 minutes on foot from landmarks such as Portland State University and South Park Blocks. It is also close to premier museums, shopping, and dining. A 180-unit Radisson Red Hotel inhabits the first eight floors of Broadway Tower, while 184,000 square feet of office space are housed in the rest of the building. Featuring upscale restaurants and bars, as well as a fitness center, the building is designed to be bike friendly and includes a secure bicycle storage area.

Occupied by an architectural firm, The Willamette Oaks is an office building that spans 36,524 square feet. Located next to Willamette Park in a leafy neighborhood, it offers exceptional views of the Willamette River.

Situated on SW River Parkway, the eight-story 2100 Building spans nearly 100,000 square feet and sits on a 1.21-acre site. Its offices are fully leased out to an urban planning and engineering firm and a logistics solutions provider.

Other BPM commercial properties are located in areas such as Deer Valley in the Phoenix metro area and California’s Silicon Valley.

Class A Investment Properties Bring Stability to a Portfolio

Barclay Grayson has worked with Portland, Oregon’s BPM Real Estate Group as senior vice president since 2003. His current responsibilities include directing the operations of BPM’s acquisition of commercial, hotel, multi-family, and senior living properties, as well as financing for new development. In handling acquisitions and financing, Portland’s Barclay Grayson and the BPM team focus on Class A buildings and complexes in upmarket locations across the country, with purchase prices in the $10 million to $50 million range.

In real estate buying and lending terms, Class A properties represent the best-quality investments in a market and geographic region in locations with upscale demographics. A Class A property also usually features newer construction, presents fewer infrastructure problems, and is characterized by a low rate of vacancy and tenant turnover. These properties can command the highest rents in an area, and they are considered the lowest investment risk among commercial investment buildings. Building aesthetics, infrastructure, location, amenities, and other factors are also typically of higher quality in Class A properties.

For investors in any type of commercial property, property class (“A,” “B,” or “C,” in decreasing order of building and location quality) is an important factor to take into account when assessing potential risk, as well as when gauging long-term expenditures. Each of the three classes of properties can offer investment advantages, but each also presents characteristic ratios of risk to return. Potential investors will need to strategize how a particular class of investment will play out regarding the needs of their overall portfolio.

The class type into which an investment falls can be expected to produce specific effects over the life of the investment. Class A properties, for example, offer the highest degree of stability and predictability in a portfolio.