SOLD
CBRE Brokers Sale Of Tessera At Orenco Station Multifamily In Hillsboro For $99M
6523 Northeast Cherry Drive
MultiFamily
Sold 121 days ago
Summary
Sale
OREGON
MultiFamily
CBBRE has brokered the sale of Tessera at Orenco Station, a 304-unit multifamily community in Hillsboro, Oregon. The transaction took place for a total sale price of $99,000,000, amounting to an average of approximately $325,658 per unit. Located at 6523 Northeast Cherry Drive, the property spans across 3.69 acres.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $99,000,000
- Address: 6523 Northeast Cherry Drive, Hillsboro, OR
- Market: Hillsboro, OR
The seller in this transaction was Security Properties. CBRE represented both the buyer and the seller in the deal, with Josh McDonald, Joe Nydahl, and Phil Oester from CBRE serving as the brokers.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Joe Nydahl, Josh McDonald & Phil Oester
DATE: 01/02/2024
ADDRESS: 6523 Northeast Cherry Drive
MARKET: Hillsboro, OR
ASSET TYPE: Multifamily ~ ACRES: 3.69
SELLER: Security Properties
BROKERS: Josh McDonald, Joe Nydahl & Phil Oester - CBRE
SALE PRICE: $99,000,000
UNITS: 304 ~ PPU: $325,658
NOTE: CBRE has brokered the sale of Tessera at Orenco Station, a 304-unit multifamily community in Hillsboro, for $99 million, averaging approximately $325,657 per unit.View on map
Loading...
Address6523 Northeast Cherry Drive
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want