American Bank Building

Historic building in Portland, Oregon, U.S.

United States historic place


Northwestern National Bank Building
U.S. National Register of Historic Places
Portland Historic Landmark^[1]

Northwestern National Bank Building in 1913
45°31′10″N 122°40′45″W / 45.519321°N 122.679037°W / 45.519321; -122.679037
Built	1913
Architect	A. E. Doyle
NRHP reference No.	96001001
Added to NRHP	September 12, 1996

The American Bank Building is a 15-floor building in Portland, Oregon, U.S. It stands 63 metres (207 ft) tall, and was built in 1913.^[2] It replaced the Marquam Building.

History

The building was the tallest in the city for 14 years until surpassed by the Public Service Building in 1927. Designed by A. E. Doyle, it is located at 621 SW Morrison Street, and was formerly known as the Northwestern National Bank Building.^[3] The building was added to the National Register of Historic Places in 1996.^[4] In 2000, Transamerica Asset Management paid $21.7 million to City Center Retail to acquire the building.^[5] Transamerica then sold it to SKB Portland Office Investments LLC in 2002 for $22.3 million, who then sold the tower in 2008 for $35.2 million to LaeRoc Partners.^[5] In July 2014, the building was sold for $45 million to Independencia S.A., a Chilean company.^[5]

References

^ Portland Historic Landmarks Commission (July 2010), Historic Landmarks – Portland, Oregon (XLS), retrieved November 13, 2013.
^ "American Bank Building". Emporis. Archived from the original on May 14, 2015. Retrieved February 20, 2015.
^ Hinchliff, Catherine (Autumn 2009). "Architect for a Golden Age". Reed Magazine.
^ "Oregon National Register List" (PDF). Oregon Parks & Recreation Department. October 19, 2009. Archived from the original (PDF) on June 9, 2011. Retrieved November 20, 2009.
^ ^a ^b ^c Bell, Jon (October 28, 2014). "Summer sale of downtown office building shows doubling of price, foreign interest". Portland Business Journal. Retrieved September 1, 2015.