CBRE Arranges $99 Million Sale for Security | MultifamilyBiz.com
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...
Source: multifamilybiz.com
