FEATURED PROJECT
Alberta Abbey
Portland, OR
The Alberta Abbey is a 23K sqft former church in NE Portland, OR that has functioned as a defacto arts center since 2012. Our involvement began in mid-2017 when the prospective buyer at the time brought us in to conduct due diligence on the property transaction and develop a strategic plan with the nonprofit master tenant. In mid-2018, we agreed to a one-year contract to oversee a range of capital and operational improvements, serve as the nonprofit’s interim Executive Director, and oversee the hiring/transition process for permanent leadership. We also led negotiations on a new long-term lease structure, including a fixed-price purchase option and $725K in funding from the landlord (covering building improvements, corporate donations to the nonprofit, and GoS fees).