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| Carrie Kahn |
PORTLAND, OR, May 10, 2021 – JLL Capital Markets announced today it closed the sale of Northpointe, a 158-unit luxury multi-housing property located at 1314 N Skidmore St. in Portland, Oregon.
JLL represented the seller, a partnership
between Fore Property Company and Principal Real Estate Investors, to complete
the sale to the buyer, an affiliate of The Wolff Company.
The JLL Capital Markets team representing the seller was led by Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano.
Completed in 2019, Northpointe totals 106,568
residential square feet and 3,748 square feet of commercial space.
The property offers studio, one- and two-bedroom
floorplan options that boast luxury-grade, modern finishes, such as quartz
countertops, in-home washer and dryers, stainless steel appliances, solar
shades and luxury vinyl plank flooring, with private balconies or patios and
walk-in closets in select units.
Ira Virden
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| Frank Solorzano |
Community amenities include a 24-hour fitness
center, conference room, rooftop deck with mountain views and an outdoor
entertainment area with firepits and a social lounge.
CONTACT:
Natalie Passarelli
PR, Americas
JLL
M +1 224 477 7307
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