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The Pearl District penthouse of former Nike chief executive John Donahoe will hit the market Wednesday for $4.5 million, a starting price that shaves more than $2 million off its 2019 value.
Donahoe bought the condominium through a Delaware entity called JRP Genpar Inc. in 2019 for $6.9 million. At the time, at $1,626 per square foot, it was thought to be the highest price ever paid for a Portland condo.
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