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PORTLAND, OR - CBRE has arranged the sale of Tessera at Orenco Station, a 304-unit multifamily community in Hillsboro, to an undisclosed buyer for $99 million. CBRE’s Josh McDonald, Joe Nydahl and Phil Oester represented the seller, Seattle-based Security Properties, in the transaction.
Built in 2014, Tessera at Orenco Station is located at 6523 Northeast Cherry Drive. The mid-rise, four-story property comprises three buildings with one-, two-, and three-bedroom floorplans averaging 807.
WALNUT CREEK, CA - Sequoia Equities, Inc., a leading real estate investment and management firm, proudly announces the successful acquisition of Tessera at Orenco Station, a premier 304-unit multifamily community in Hillsboro, Oregon. The purchase represents Sequoia’s third community within the city of Hillsboro and further solidifies Sequoia s commitment to providing exceptional living experiences.
Built in 2014, Tessera at Orenco Station is a mixed-use development spanning 245,186.