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Harsch ends 2000 with hefty property portfolio.(Brief Article)

Business Journal-Portland

| December 21, 2001 | Stout, Heidi J. | COPYRIGHT 1985 Business Journal of Portland, Inc. (Hide copyright information)Copyright

Harsch Investment Properties LLC went on a spending spree this year, acquiring $150 million in new real estate holdings, a 72 percent increase compared with last year's $87 million in purchases.

"These tend to be our bread and butter projects, not what you'd call trophy projects," said Jordan Schnitzer, president of Harsch. "We continue to look for strategic opportunities in all of the markets that we operate in. If we can find the right opportunities, we will continue to grow at this pace."

In real estate circles, it's a breakneck pace. Harsch closed nearly a deal a month this year, and increased its overall holdings by 19 percent to $1.1 billion in assets, …

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