Creativity Works Here: Celebrating the PNCA Community.

Produced for PNCA's 5th Annual Benefit Art Auction to support student scholarships on February 22, 2013. Learn more about PNCA and our vibrant community of talented faculty, mentors, and alumni at pnca.edu.

Featuring alumni Jean-Pierre Veillet '97, Anne Crumpacker, MFA '11, Anna Gray '08 + Ryan Wilson Paulsen '08, and Eric Trine, MFA '13.

EcoFLATS Apartments sold for $4.3M

Three limited liability corporations tied to Portland investors Paul Barker, Nora Barker and John Barker paid $4.3 million for ecoFlats Apartments, an 18-unit complex at 3935 N. Williams Ave. in Portland.

Developers Jean-Pierre Veillet of Siteworks Design | Build and Doug Shapiro constructed ecoFlats as a sustainable mixed-use community showcasing the best of sustainable design. The design includes energy saving features and a monitor in the lobby that shows power use in real time. The building has a 21-watt photovoltaic array on the roof as well as solar thermal panels that deliver energy to the building and heats 600 gallons of water a day.

The Portland Development Commission supported the project.
The 18 units and 3,700 square feet of retail space are fully leased.

Robert Black of NAI Norris, Beggs & Simpson represented the seller, 3935 N. Williams LLC.
The new owners acquired the property as Ecoflats 1 LLC, Ecoflats 2 LLC and Ecoflats 3 LLC, according to property records.

Portland Business Journal:
http://www.bizjournals.com/portland/blog/real-estate-daily/2013/02/ecoflats-apartments-sold-for-43m.html?ana=e_ptl_real&s=newsletter&ed=2013-02-12