Deal with: 1601 NE Martin Luther King Jr, Blvd.
Yr of building: 1921
Sq. footage: 10,320
Market worth: $2.25 million
Proprietor: OB Portland Properties II LLC
How lengthy it has been empty: Greater than a decade.
Why it is empty: Protected firm wants extra space again within the day.
Rita “Bo” Brown turned often known as the “Gentleman Financial institution Robber” as a result of she dressed as a person whereas plying her commerce within the Pacific Northwest. As a member of the Seattle-based George Jackson Brigade, an anarcho-communist group bent on overthrowing the US authorities, he held not less than seven banks within the Seventies.
To thwart Brown and his gang, the bankers possible shopped for safes in a constructing on the nook of Northeast Weidler Road and Martin Luther King Jr. Road. Boulevard. There have been extra banks then, and there have been extra financial institution robbers, and Allied Protected & Vault, based in Spokane in 1948, bought banks the issues they wanted to guard their deposits.
All that is still of that after bustling enterprise is a small signal that claims, “Gary Protected.” Portlanders have been driving it for many years.
Allied Protected & Vault purchased Gary Protected, a Los Angeles firm, in 1981 and put an indication promoting the model in its constructing, mentioned Allied president Jay Hunt. Allied operated a locksmith and secure enterprise there till it wanted extra space. Hunt, whose grandfather began the enterprise in 1948, mentioned he would not know what yr it moved.
Allied bought the property in January 2005 for $820,000. It modified palms once more in April 2006 for $1.4 million. OB Portland Properties LLC paid $9.9 million in September 2015. OB is organized by Michael O’Brien, proprietor of O’Brien Auto Group, which has automotive dealerships in Oregon and Washington, together with Audi of Wilsonville Subaru of Portland. The one proof of O’Brien on the web site is an indication that claims, “O’Brien Auto Group.”
James Aiken, an lawyer listed in paperwork from the LLC, mentioned the proprietor didn’t wish to remark. Aiken declined to determine the proprietor, signed or unmarked.
“I’ve spoken with the proprietor who has no want to share any data,” Aiken mentioned in an e-mail.
OB owns the block bounded by Weidler, Broadway, third Avenue and MLK. Past placing up an indication, it does little else. OB utilized for a demolition allow in November 2021. Town has requested for extra details about its plans for the positioning however has not heard again, mentioned Ken Ray, a spokesman for the Bureau of Growth Companies.
“As such, the demolition allow stays below evaluation,” Ray mentioned in an e-mail.
So much has modified in Portland since O’Brien Auto purchased the property in 2015. Auto theft has grow to be a cottage trade within the metropolis. Whether or not O’Brien Auto plans a automotive dealership for the positioning is unclear as a result of Michael O’Brien wouldn’t converse to WWhowever a automotive alarm retailer within the previous Gary Protected constructing may make extra sense.