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PORTLAND, ORE. — Jackson Square Properties has purchased the 288-unit Terrene at the Grove apartment complex in the Portland submarket of Wilsonville for $59.5 million. The community is located at 8890 SW Ash Meadows Circle.
Terrene at the Grove was built in 2013. Jackson Square also recently acquired the Addison, a 147-unit apartment community in Vancouver.
HFF’s Ira Virden and Kerry Hughes represented the seller, Holland Partner Group and its finance partner.