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Red Lobster closes another 23 restaurants

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Red Lobster closes another 23 restaurants

Red Lobster closes more locations. The seafood restaurant chain, which filed for bankruptcy in May, announced in a bankruptcy filing on Thursday that it planned to terminate 23 of its leases by Saturday. Red Lobster said in the statement that the company continues to review and identify leases that are likely to continue to result […]

Montgomery Park office complex in northwest Portland sold for a fraction of previous selling price

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Montgomery Park office complex in northwest Portland sold for a fraction of previous selling price

The Montgomery Park office complex in northwest Portland has been sold for $33 million to a company affiliated with the Menashe real estate family, according to land records filed Friday. Three family members involved in Portland-based Menashe Properties — Barry, son Jordan and daughter Lauren — declined to comment Friday. The building at 2701 NW […]