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609
Units
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740 SF
Avg unit size
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2015 / 2016
Year built
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Jones Lang LaSalle (“JLL”), is pleased to present the opportunity to acquire Vector, Rowlock, and Hub 9 (the “Portfolio”), a combined 609-unit, suburban, transit-oriented multi-housing portfolio located in Washington County’s premier master-planned Orenco Station community. This unbeatable location in one of Portland’s most sought-after submarkets, Hillsboro, is often referred to as the Silicon Forest as it is home to more than 27,000 tech sector jobs. The three assets were built in 2016, offering opportunity to realize annual value-add premiums of over $730,800 with significant growth potential due to an expanding tech and manufacturing workforce.
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The Portfolio is within walking distance to Intel (22,300 local jobs) and numerous other high-paying employers including tech, manufacturing, and healthcare which provide an affluent renter base with demand for modern finishes and resort-like amenities. Residents are welcomed with convenient access to excellent retail amenities including New Seasons, Whole Foods, Costco, and The Streets of Tanasbourne. Additionally, the nearest MAX Blue Light Rail station is just steps away, providing access to downtown Portland, downtown Hillsboro, the Portland International Airport, and numerous retail and employment centers throughout the MSA.
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Investment sales & advisory
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Ira Virden
Senior Managing Director
+1 503 417 5587
Licensed in OR
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Carrie Kahn
Managing Director
+1 503 417 5584
Licensed in OR
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Frank Solorzano
Director
+1 503 265 5093
Licensed in OR
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Jake Wisness
Managing Director
+1 206 336 5431
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Owen Wise
Senior Analyst
+1 503 417 5592
Licensed in OR
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Stephanie Luerken
Production Associate
+1 503 720 0161
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Although information has been obtained from sources deemed reliable, neither Owner nor JLL makes any guarantees, warranties or representations, express or implied, as to the completeness or accuracy as to the information contained herein. Any projections, opinions, assumptions or estimates used are for example only. There may be differences between projected and actual results, and those differences may be material. The Property may be withdrawn without notice. Neither Owner nor JLL accepts any liability for any loss or damage suffered by any party resulting from reliance on this information. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2023 Jones Lang LaSalle IP, Inc. All rights reserved.
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