Portfolio
The following is a selection of properties in our management portfolio.
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Holm at Sellwood
Holm at Sellwood boasts forested hillside and river views and is nestled minutes from Sellwood’s cozy main street and directly on the tree-lined bike and pedestrian path. The property includes amenities such as a roof-deck with a fire-pit, a courtyard, a fitness center, and an underground parking garage.
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Fire Station No. 7
- Location
- 1036 NE Stark St, Portland, OR
- Building size
- 20,000 SF
Fire Station No. 7 was built in 1927 and is on the National Register of Historic Places. A contemporary redevelopment by Venerable Properties, the predecessor entity to Meritus, joined the Fire Station and adjacent industrial building and converted them into office space and the property is now home to Bremik Construction.
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Analog Tacoma
Analog Tacoma is a 115-unit apartment building in the heart of downtown Tacoma, Washington, just two blocks from the convention center and immediately adjacent to the University of Washington campus. The building includes a gym, workspace, a community room, media room, and a rooftop deck. Analog delivered in early 2023 and Meritus provided pro-forma underwriting, pre-leasing, and initial lease-up services.
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Sandy 51
- Location
- 5035 NE Sandy Blvd, Portland, OR
- Building size
- 32,000 SF
Sandy 51, built in 2018, is home to the Portland Clinic and Basics, two Oregon-based businesses that are working closely to integrate and increase access to resources that promote a holistic approach to healthy living. The project was developed by Venerable, the predecessor entity to Meritus.
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NW Fence & Wire Works Building
- Location
- 1111 NE Flanders St, Portland, OR
- Building size
- 20,000 SF
The NW Fence & Wire Works Building was an adaptive reuse completed in 2006 by Venerable Properties, the predecessor entity to Meritus. The property is surrounded by other industrial buildings and adds to and preserves the industrial character of the past while providing modern office space. Built in 1911 and listed on the National Register of Historic Places, the building has been used as stables, fence and wire manufacturing, and distribution for bakery equipment.
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Alder Creek
Alder creek is a community of one and two-bedroom apartment homes as well as very spacious two and three-bedroom townhomes, enveloped in natural beauty, and just minutes from the Columbia River. The property offers two pools, a fitness center, a spa, and a playground.
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The Goodrich Building
- Location
- 6920 NE Sandy Blvd, Portland, OR
- Building size
- 4,700 SF
The Goodrich Building is a 2017 rejuvenation of a mid-century modern retail building in the Roseway neighborhood of Northeast Portland, Oregon. The building’s namesake and architect, Burton Goodrich, was an understudy of Frank Lloyd Wright and oversaw his only project in the state of Oregon as well as many others around the country. The building is currently home to two medical retail tenants.
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Minnesota Hotel
- Location
- 322 NW 5th Ave, Portland, OR
- Building size
- 30,000 SF
Currently home to Central City Concern and several small businesses, the Minnesota Hotel is a contributing building in the Chinatown/New Japantown National Register District. Built in 1909, the property is part of an important part of Portland’s history, early development, and the diverse groups of people who shaped the city.
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Society 62
Society 62 is a co-living community located in the Rose City Park neighborhood of Northeast Portland, Oregon. Located just outside Hollywood district with easy access to the NE 60th Max stop and the Providence Hospital and administrative offices, the property offers 29 bedrooms over three communities and represents market-driven, accessibly priced housing that also offers community connection to residents.
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Barbey Retail
- Location
- 6237 SE Milwaukie Ave, Portland, OR
- Building size
- 4,000 SF
Barbey Retail is a neighborhood retail center in the Sellwood neighborhood of SE Portland; the property is home to a brew-pub, a u-brew, and a restaurant.
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Porter Glisan Building
- Location
- 1203 NW Glisan St, Portland, OR
- Building size
- 20,000 SF
The Porter Glisan Building was built in 1922 and was renovated by Venerable Properties, the predecessor entity of Meritus, in 2007 to be contemporary retail and office space in the heart of the Pearl District of NW Portland.
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Wilson Townhomes
The Wilson Townhomes, completed in 2022 as the first mass timber townhomes in the nation, represent a giant step forward in townhome design and construction. Situated in a highly desirable area in NW Portland, access to Forrest Park and retail on NW 23rd are just steps away. The property is comprised of 14 three and four-bedroom townhomes each with their own garage and patio and 14 large studios. Wilson Townhomes delivered in 2022 and Meritus provided pro-forma underwriting and initial lease-up services.
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Block 23
- Location
- 2316 NE Oregon St, Portland, OR
- Building size
- 27,600 SF
Block 23 is a multi-tenant warehouse to creative office conversion located in the Kerns neighborhood of NE Portland.
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The Lucy Building
- Location
- 200 NE 28th Ave, Portland, OR
- Building size
- 5,400 SF
The Lucy Building a neighborhood retail center in the Kerns neighborhood of NE Portland; the property is home to Güero, a well known Portland restaurant, as well as a barbershop, and the second floor is office space.
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Sovereign Hotel
- Location
- 710 SW Madison St, Portland, OR
- Building size
- 45 Units + 7 Commercial Spaces
The nine story Sovereign Hotel was built in 1923 and converted to apartments in 1938. The property was added to the National Register of Historic Places in 1981 and renovated in 2016 and Venerable, the predecessor entity to Meritus provided consulting services on the project. The property currently includes a café, several office spaces and forty-five apartments.
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Fernhill Crossing
Fernhill Crossing is a townhome development in the Cully neighborhood of Northeast Portland, Oregon near Fernhill park. The community, completed in 2020, features three renovated existing homes, four two- bedroom apartments, five one-bedroom apartments, ten lofted two-bedroom townhomes, and a community garden.
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The Barley Pod
- Location
- 6035 NE Halsey St, Portland, OR
- Building size
- 1,000 SF + 10 Food Carts
The Barley Pod is a modern incarnation of the Portland neighborhood food cart pod. A concept that was created to serve the Northeast Portland community with ten thoughtfully curated best-in-class food cart options and to provide a gathering place for residents to enjoy all season long. The food carts are also centered by an airy taproom run by award winning Baerlic Brewing Company that bring fans from all over Portland to try their new creations.
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The Dahl Building
- Location
- 2438 NE Broadway, Portland, OR
- Building size
- 5,650 SF + 3 Units
The Dahl building, constructed in 1909, is a historic mixed use property in the Sullivan’s Gulch neighborhood of NE Portland. It is home to three apartment residences and three neighborhood-serving retail tenants.
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MLK Wygant
- Location
- 4829 NE MLK Blvd, Portland, OR
- Building size
- 20,000 SF
Located in the King neighborhood of NE Portland and built in 2928, MLK Wygant’s ground floor retail includes neighborhood serving businesses such as wellness providers and an art studio and second story of the property is office space.
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Bybee Retail
- Location
- 1520 SE Bybee Blvd, Portland, OR
- Building size
- 4,200 SF
Bybee Retail is a neighborhood retail center in the Sellwood neighborhood of SE Portland. The property is home to a coffee shop and a FedEx office.
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Pacific Tower
The 15-story Pacific Tower building is in the center of Portland’s historically rich and culturally diverse Old Town-Chinatown District. The property boasts breathtaking views of the Willamette River, Cascade Mountains, and West Hills from many apartments as well as the rooftop terrace.
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121 Vancouver
- Location
- 12301 NE 56th St, Vancouver, WA
- Building size
- 42,000 SF
121 Vancouver is an industrial property in the Orchards submarket of Vancouver, Washington.
