August 29, 2019
Avana Orenco Station, a 264-unit, garden-style multi-housing community in Hillsboro, OR, has traded hands. 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 for an undisclosed amount.
Located at 6710 NE Vinings Way, the property is near the Intel campus and 20,000 employees, and within walking distance to the MAX Light Rail Blue Line.
The community consists of 12 residential buildings comprising a mix of 156 one-bedroom, 100 two-bedroom and eight three-bedroom floor plans. Unit features include quartz countertops, stainless steel appliances, plank flooring in the living spaces, nine-foot ceilings and full-size washers and dryers. Common area amenities include a swimming pool and spa, grilling areas, firepit, gazebo, fitness center, community lounge with Wi-Fi and pool table, business center and dog park.
JLL’s Ira Virden and Carrie Kahn represented the seller.
For comments, questions or concerns, please contact Dennis Kaiser