Confidentiality and Exclusive Negotiation AgreementConfidentiality and Exclusive Negotiation Agreement • January 13th, 2023
This Confidentiality Agreement and Exclusive Negotiation Agreement (“Agreement”) is effective as of the last date of signature below (the “Effective Date”) and is by and between Prosper Portland and Related California Residential, LLC (“Related”). Related is interested in potentially developing a portion of the former USPS property located at 715 NW Hoyt Street, Portland, Oregon (the “Property”), and the parties desire to work together to determine the feasibility of one or more potential redevelopment projects on the Property (collectively, the “Project”). The Property is depicted on Exhibit A, but excludes Block 4 identified thereon, which is reserved for development by the Portland Housing Bureau.
