The downtown Portland U.S. Bancorp Tower, known familiarly as “Big Pink,” has sold after just two months on the market. The tower — Oregon’s largest office building — was being marketed for sale by real estate brokerage JLL. Last year, U.S. Bank declined to renew its lease at its namesake tower, leaving the building largely empty. The buyer, as the Portland Business Journal first reported, is Jeff Swickard, a telecommunications and auto industry executive who paid all cash. The sale price was about $45 million, according to a spokesperson, just 12% of the $372.5 million seller UBS paid in 2015. “More than 25 years ago, I graduated from the University of Oregon. Like so many others, I admired the Portland skyline from afar, with Big Pink standing tall as a symbol of what was possible,” Swickard said in a news release. “I even interviewed for a job in the tower early in my career. To now become its owner is a full-circle moment, one that carries both meaning and responsibility.” Read...