Newly built, luxury apartments in Portland, OR purchased by Wolff Affiliate

 

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.

 Ira Virden

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.

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

JLL.com