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Transactions - AUGUST 28, 2019

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JLL closes sale of suburban Portland apartments

by Released

JLL has closed the sale of Avana Orenco Station, a 264-unit, garden-style multi-housing community in Hillsboro, Ore. A sales price was not disclosed.

JLL marketed the property on behalf of Greystar and procured the buyer, Jackson Square Properties. The property was acquired free and clear of existing financing.

Avana Orenco Station is located at 6710 NE Vinings Way, less than a half mile south of the Intel campus, which is home to 20,000 local jobs, and within walking distance to the MAX Light Rail Blue Line, which provides access into downtown Portland, downtown Hillsboro and other employment centers throughout the MSA. With direc

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