PORTLAND
FPA Multifamily Buys 98-Unit Portland Community for $30.25MM
PORTLAND, ORE. – Oct. 13, 2021 – JLL Capital Markets announced today that it has closed the $30.25 million ($308,673 per unit) sale of Hidden Village,...
LBA Realty to Cap $1.95B Industrial Fund with Southern California and Pacific Northwest Focus
By Jon Peterson Institutional investors continue to pour funds into industrial opportunities, and in a sign of a healthy demand for these types...
Unispace Acquires Global Experiential Design Firm Downstream
(October 8, 2021) — Global workplace strategy, design and construction firm Unispace today announced its acquisition of Downstream, a global experiential design expert with an expansive portfolio of integrated...
Fully-Occupied Gerber Building in Tigard Hits the Market
By Meghan Hall As Portland’s local economy continues to diversify, the time could be right for investors looking to break into the market....
Asana Partners Plans $1B Capital Raise for Retail Fund Focused on Major West Coast Markets
By Jon Peterson Charlotte, N.C.-based Asana Partners is planning a $1 billion capital raise for its Asana Partners Fund III, according to information provided...
Amazon Announces Plans to Expand Operations In Canby, Oreg. With 517,000 SQFT Sort Center
New Amazon facility will create more than 500 jobs in the Canby region with an average starting wage of $18 per hour, comprehensive...
Greystar Breaks into Portland Development Market with Completion of 182-Unit Apartment Complex
By Meghan Hall Charleston, S.C.-based Greystar is one of the largest developers and managers of multifamily properties in the United States. In virtually...
Oregon Pension Fund Allocates $250MM into AEW Essential Housing Fund with West Coast Investment Focus
By Jon Peterson Demand for housing is likely not going to contract in the near to mid-term across the major employment centers across...
Optimus Properties Completes Purchase of Multi-Family Portfolio in Portland $10.38MM
(EDITOR’S NOTE: According to data from Reonomy, the deals closed mid-June but recently recorded. Optimus paid $6,676,324, or about $145,137 per unit for...
Red Hat Enterprises Spends $20MM on Tigard Self-Storage Asset
Extra Space Storage facility in Tigard, Oregon is comprised of 86,623 square feet and 950 storage units Tigard, OR – September 13, 2021 – Senior Vice...
Truebeck Begins Work on First Portland Affordable Housing Project to Use Cross-Laminated Timber
Portland, OR – Truebeck, an industry-leading commercial general contractor, is pleased to announce the beginning of construction on The Annex Apartments-Affordable Housing project...
Cumberland Holdings Buys Lenox Apartments in Portland for $14.7MM
By Vladimir Bosanac Multifamily investors continue to have a strong interest in assets across the greater Pacific Northwest region. In a recent transaction,...
