Potential local buyers circling foreclosed Montgomery Park office building in NW Portland

A flag flies against a sunset with birds flying nearby. A lettered, illuminated red sign reads "MONTGOMERY PARK"

Lender Natixis is seeking a buyer for Montgomery Park, the massive office building in Northwest Portland.Brent Wojahn/The Oregonian (file)

The Menashe real estate family was in advanced talks as recently as this month to buy Montgomery Park, the landmark office complex whose neon sign beams across Northwest Portland, according to two sources who spoke to The Oregonian/OregonLive.

The two sources, each of whom had direct knowledge of the Menashe family’s interest in the property, spoke on the condition of anonymity to discuss a sensitive business matter.

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