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MAX train services resumed from Beaverton to downtown Portland

The closure lasted nearly three days due to a damaged overhead wire near the Sunset Transit Center.
Author: KGW Staff
Updated: 2:14 PM PDT June 4, 2021
PORTLAND, Ore. The MAX Light Rail resumed Friday afternoon between Beaverton and downtown Portland after damaged overhead wires forced TriMet to shut down service for nearly three days.
The Blue and Red MAX lines were disrupted while crews worked to fix roughly 1,500 feet of wire that came down, TriMet said.
The downed wire was first reported at about 2:30 p.m. Tuesday near the Sunset Transit Center.
TriMet thanks our rail, maintenance and emergency staff for working around the clock since Tuesday afternoon to make the repairs, said TriMet public information officer Tyler Graf. ....

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Trucking seeing 'perhaps the strongest freight market ever'

FTR s Trucking Conditions Index for March hit a record high – a good sign for carriers – surpassing the previous record set in October 2020. TIA is backing legislation that would require DOT to enact a Safety Fitness Determination for carriers. ....

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Truckstop.com acquires carrier compliance firm RMIS

Truckstop.com acquires carrier compliance firm RMIS
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

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Institutional Property Advisors Negotiates $80.75 Million Apartment Complex Sale in Portland, Oregon

Press release content from Business Wire. The AP news staff was not involved in its creation.
Institutional Property Advisors Negotiates $80.75 Million Apartment Complex Sale in Portland, Oregon
January 27, 2021 GMT
PORTLAND, Ore. (BUSINESS WIRE) Jan 26, 2021
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Sunset Summit, a 261-unit multifamily property in the West Hills neighborhood of Portland, Oregon. The property sold for $80.75 million, which equates to $309,387 per unit.
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“The sale represents the first time the property has traded hands in over 25 years. Sunset Summit is a unique asset, featuring low-density construction with views of the Tualatin Valley from most units,” said Anthony Palladino, IPA vice president. Palladino and IPA’s Giovanni Napoli, Philip Assouad, Ryan Dinius, and Sidney Warsinske represented the seller, BPM Real Estate Group. The buyer is Prime Res ....

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