Berkshire Group Buys Lower Burnside Lofts in Portland for $18.5M

by Nellie Day

PORTLAND, ORE. — Berkshire Group has purchased the 63-unit Lower Burnside Lofts in Portland for $18.5 million. The community is located at 60 SE 10th Ave., within the Lower Burnside neighborhood. Lower Burnside Lofts was built last year and began leasing in July 2015. Robert Black of ARA Newmark represented the seller, Urban Asset Advisors, in this transaction.

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