4550 SW Macadam

A brick building with a parking lot in front of it.
The front of a brick building with bushes and trees.
A red brick building in the middle of a city.
Meriwether Partners
4550 SW Macadam

Portland, OR

54,000 square foot office building

Meriwether Partners

Meriwether acquired 4550 SW Macadam Avenue in December 2010 from a private investor. At the time of acquisition, Fiserv EFT occupied the entire building. Meriwether subsequently extended the Fiserv EFT lease for five years. Meriwether sold the building in October 2015 to a private investor for $12.25 million, generating an IRR of 28% and a 2.9x equity multiple.