Security Properties has sold Tessera at Orenco Station, a 304-unit apartment property in Hillsboro, Ore., for $99 million, or $325,657/unit. The buyer could not be identified immediately. Security Properties, a Seattle investment manager, had purchased the property in 2018 for ...
The property is fully occupied by tenants that include Nike, Rexel, Blue Ocean Logistics and the Beaverton Police Department. Tenants have a weighted average lease term of 3.5 years and pay rents that are 20 percent less than market rates. ...
Green Leaf Partners Management has paid $43 million, or $208,737/unit, for the 206-unit Sandy Lofts apartment property in Portland, Ore. The Pleasanton, Calif., investor purchased the property from Fairfield Residential of San Diego. The deal was highlighted by Kidder Mathews. ...
Commercial Real Estate Direct Staff Report Security Properties has sold Tessera at Orenco Station, a 304-unit apartment property in Hillsboro, Ore., for $99 million, or $325,657/unit. The buyer could not be identified immediately. Security Properties, a Seattle investment manager, had ...
BKM Capital Partners has paid $67 million, or $148.54/sf, for 217 Distribution Center, a five-building industrial property with 451,062 square feet in Beaverton, Ore. The sales price was first reported by DJC Oregon.com. The Newport Beach, Calif., investment manager purchased ...
REBusiness Online Scannell Properties has broken ground on a 479,000-square-foot industrial property within the Scannell Logistics Park in Salem, Ore. The Indianapolis developer is building the property east of Logistics Road and north of Turner Road SE, about 50 miles ...
Multi-Housing News Green Leaf Capital Partners has paid $31 million, or $219,858/unit, for Perch PDX, a 141-unit apartment property in North Portland, Ore. The Pleasanton, Calif., investment firm purchased the property from Fairfield Residential in a deal brokered by JLL ...
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