Portland Concordia University sold to University of Oregon

University of Oregon has acquired Portland Concordia University campus, a 19-acre, 23-building campus that will be transformed into a first-of-its-kind children's mental health center.

Colliers, in partnership with Foundry Commercial, finalized the sale. The firms were retained by the Lutheran Church Extension Fund (LCEF) in July 2021 to secure a buyer.

The former Concordia University campus has a Campus Institutional 1 (CI1) zoning ordinance, providing for the establishment and growth of large institutional campuses located in residential neighborhoods. Permitted uses include learning facilities, such as a university or higher educational institution, or a medical center. Through a generous $425 million donation from Ballmer Group Philanthropy, co-founded by Connie and Steve Ballmer, the University of Oregon plans to transform the campus into the Ballmer Institute for Children's Behavioral Health. Besides addressing childhood behavioral and mental health issues, the n