CONTRACTPENDING

Portland Public Schools to purchase One North property for $16M

Disclosed value: $16,000,000.00; From staff report
Document date: Sep 2, 2025
Term: September ___, 2025 – December 29, 2025

What it covers

Karuna Properties II LLC and Karuna Properties II West, LLC entered into a Purchase and Sale Agreement with Portland Public Schools for $16 million to acquire the One North property as the home for the Center for Black Student Excellence, with a due diligence period through December 10, 2025, and closing by December 29, 2025.

Who holds it

NA holds this purchase and sale agreement contract with Portland Public School District. Its other public contracts on record include work for Town of Ticonderoga and City of Eagan.

What happens next

Term as filed: September ___, 2025 – December 29, 2025.

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Contract details

Contract type: Purchase And Sale Agreement
Amount: $16,000,000.00
Document date: September 2, 2025
Term: September ___, 2025 – December 29, 2025
Vendor: NA
Agency: Portland Public School District
Source document: staff_report_center_for_black_student_excellencepu.pdf (Staff Report)

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Questions about this contract

Who was awarded the purchase and sale agreement contract by Portland Public School District?

NA was awarded this purchase and sale agreement contract by Portland Public School District, as recorded on September 2, 2025. The contract value is $16,000,000.00.

How much is the NA contract with Portland Public School District worth?

The NA contract with Portland Public School District is valued at $16,000,000.00, covering purchase and sale agreement work.

What type of contract is this?

This is a Purchase And Sale Agreement contract, documented as a staff report record.

Where was this contract approved?

This contract appears in staff_report_center_for_black_student_excellencepu.pdf (Staff Report), dated September 2, 2025 from Portland Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does NA hold?

NA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Portland Public School District currently buying?

Explore Portland Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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