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| (Photo by Red Studio Inc.) Platform 14 Apartments, 1030 NE Orenco Station Parkway in the Orenco Station master planned community, Hillsboro, OR |
PORTLAND, OR – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Platform 14, a 177-unit, podium-style,
mid-rise apartment community in Hillsboro, Oregon.
HFF marketed the property
exclusively on behalf of the seller, Holland Partner Group and its finance
partner. Invesco Real Estate purchased
the asset for an undisclosed amount.
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| Ira Virden |
Platform 14 is situated on
approximately 2.34 acres at 1030 NE Orenco Station Parkway in the Orenco
Station master planned community within walking distance to Intel, which
employs 17,500 people locally.
Completed in 2012, the four-story, transit-oriented
property has 125 one- and 41 two-bedroom units, as well as 11 spacious live and
work units with one bedroom/two bath layouts.
Property amenities include
16,057 square feet of ground floor retail, an 8,000-square-foot sky deck with
barbecue, bar and community garden, community kitchen, lounge, bike storage and
garage parking.
The HFF investment sales
team representing the seller was led by managing director Ira Virden.
For a
complete copy of the company’s news release, please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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