Oregon

Ethos Development, Alpine Capital Buy 200,000 SF Redmond Industrial Park in Oregon

by Amy Works April 2, 2026

REDMOND, ORE. — A partnership between Portland, Ore.-based Ethos Development and San Diego-based Alpine Capital Investments has acquired Redmond Industrial Park, an industrial asset situated on 45 acres in Redmond. Terms of the transaction were not disclosed. The 200,000-square-foot property consists of four industrial buildings and approximately 26 acres of excess land with development potential. At the time of sale, the asset was fully leased to a variety of regional and national tenants, including BasX Solutions and Old Dominion Freight Line. The property team includes KCB Private Equity as capital partner, Ethos Commercial Advisors as debt broker, Meritus Property Group as property manager and Fratzke Commercial as investment sales broker.

April 2, 2026

Acquisitions Oregon Retail Western

Norris & Stevens Brokers $1.4M Sale of Retail Building in Portland, Oregon

by Amy Works March 27, 2026

PORTLAND, ORE. — Norris & Stevens has arranged the sale of a retail building located at 4343 S.E. Hawthorne Blvd. in Portland. DS TS Holdings LLC acquired the property from Gigantic Brewing Co. for $1.4 million. Constructed in 1997 and renovated in 2023, the 3,081-square-foot retail building was formerly home to Gigantic Brewing. The property will become a new tavern called Steely’s. Scheduled to open in spring 2026, Steely’s will feature smashburgers, wings and a curated list of beers on tap. Jake Holman with Portland-based Norris & Stevens represented the buyer, while John Lee with Jones Lang LaSalle Brokerage represented the seller in the deal.

March 27, 2026

Villebois-Village-Center-Apts-Wilsonville-OR

Development Multifamily Oregon Western

Capstone Partners Underway on 143-Unit Villebois Village Center Apartments in Oregon

by Amy Works March 26, 2026

WILSONVILLE, ORE. — Capstone Partners has secured a $27.9 million construction loan from U.S. Bank to develop Villebois Village Center Apartments, a three-building multifamily community in Wilsonville. David Schaffer and John Petersen of Melvin Mark Capital Group originated the financing. Construction began in December 2025, with completion slated for mid-2027. Portland, Ore.-based C2K Architecture is serving as architect and Essex General Construction is the general contractor for the project. Located within the Villebois master-planned community, the project will feature 143 studio, one-, two- and three-bedroom apartments with quartz countertops, stainless steel appliances, 9-foot ceilings and air conditioning in larger units. The community also features 2,460 square feet of ground-floor commercial space, a fitness center, library/game room, top-floor lounge, bike center and pet-friendly features, including a dog wash station. The three buildings will surround a large public piazza with bocce courts, landscaping and heritage trees.

March 26, 2026

Industrial Loans Oregon Western

Gantry Secures $12M Refinancing for Two-Building Industrial Asset in Hillsboro, Oregon

by Amy Works March 18, 2026

HILLSBORO, ORE. — Gantry has secured a $12 million permanent loan to refinance maturing debt for a pair of industrial warehouse buildings located at 5640 N.E. Wagon Drive Blvd. in Hillsboro. The 10-acre site features two buildings offering a total of 192,000 rentable square feet, including a single-tenant asset with 152,000 rentable square feet and an adjacent 40,000-square-foot multi-tenant flex building. Blake Hering, Kristin Lapinskas and Abi Hunter of Gantry’s Portland, Ore., office represented the borrower, a private real estate investor. The 10-year, fixed-rate nonrecourse loan set at a 25-year amortization was secured from one of Gantry’s insurance company correspondents. Gantry will service the loan for the lender.

March 18, 2026

Acquisitions Multifamily Oregon Western

Glencrest Group, Sky Alps Capital Buy 155-Unit Cedar Square Apartment Community in Beaverton, Oregon

by Amy Works March 13, 2026

BEAVERTON, ORE. — A joint venture between Glencrest Group and Sky Alps Capital has acquired Cedar Square, a garden-style multifamily community at 10480 SW Eastridge St. in Beaverton, from a local owner for $29.8 million. Ira Virden, Carrie Kahn and Owen Wise of JLL Capital Markets represented the seller, while Charles Halladay and Jonah Aelyon of JLL arranged acquisition financing for the buyer. Built in 1980 with additions in 2016 and 2024, Cedar Square offers 155 one-, two- and three-bedroom apartments with patios or balconies. Onsite amenities include a fitness center, playground, laundry facilities, ample parking and abundant green space. The seller completed capital improvements, including repaving and replacing siding, windows, decks and roofs on the majority of the buildings.

March 13, 2026

Development Loans Multifamily Oregon Seniors Housing Western

Gantry Secures $12M Construction-to-Permanent Loan for Assisted Living Project in Oregon

by Amy Works March 6, 2026

WOODBURN, ORE. — Gantry has secured a $12 million construction-to-permanent loan for the development of an assisted living facility in Woodburn. Charlie Kokernak and Tim Brown of Gantry arranged the 10-year, fixed-rate loan for the borrower, an affiliate of Benicia Senior Living. An Oregon-based credit union provided the loan, which includes interest-only payments for the first three years followed by a 25-year amortization. Located at 1000 Country Club Road NE, the community will feature 46 units, totaling 51 beds. The property is adjacent to Heartwood Place Memory Care, which is also owned and managed by Benecia Senior Living.

March 6, 2026

Development Oregon Restaurant Retail Western

LRE & Co to Develop 10,000 SF Commercial Project in Medford, Oregon

by Amy Works January 23, 2026

MEDFORD, ORE. — LRE & Co has announced plans to develop a 10,000-square-foot commercial project in Medford. Located along Crater Lake Highway (Highway 62) in the Tower Business Park, the project will offer 10,000 square feet of commercial space, including a 4,000-square-foot quick-service restaurant with a drive-thru and a 6,000-square-foot multi-tenant retail building with a drive-thru. The property will also include approximately 98 parking spaces. LRE & Co is currently working through the city’s entitlement process, including site plan review with the Medford site plan and architectural commission. Tenant announcements and construction timelines will be released as the project advances through the city’s approval process.

January 23, 2026

Acquisitions Oregon Retail Western

Norris & Stevens Arranges $2.3M Sale of Retail Property in The Dalles, Oregon

by Amy Works January 21, 2026

THE DALLES, ORE. — Norris & Stevens has brokered the sale of retail property located at 3560 W. 6th St. in The Dalles. Robert N. Magid sold the property to Northstar Market LLC for $2.3 million. Constructed in 2007, the 11,335-square-foot freestanding retail building features showroom space, restrooms, break rooms, a security room, an overhead grade door and 19 parking spaces. The property was formerly occupied by Aaron’s. Doug Carter of Portland, Ore.-based Norris & Stevens represented the seller, while Jessica Kaur of Knipe Realty EA Powered represented the buyer in the deal.

January 21, 2026

Acquisitions Multifamily Oregon Western

HFO Investment Real Estate Brokers $7.2M Sale of Multifamily Community in Salem, Oregon

by Amy Works January 5, 2026

SALEM, ORE. — HFO Investment Real Estate has directed the sale of Battle Creek Lodges, an apartment property in Salem’s South Gateway neighborhood. An investment group acquired the asset from an undisclosed seller for $7.2 million. Battle Creek Lodge features 56 two-bedroom apartments averaging 1,000 square feet. Community amenities include a seasonal pool, tennis court, picnic areas and fireplaces. Greg Frick and Adam Smith of HFO represented both the seller and buyer in the deal.

January 5, 2026

Acquisitions Multifamily Oregon Western

Brinkman Real Estate, Blue Field Capital Buy 60-Unit Townhome Community in Oregon City

by Amy Works December 22, 2025

OREGON CITY, ORE. — Brinkman Real Estate and Blue Field Capital have acquired Holmes Park Townhomes, a townhome community in Oregon City, approximately 30 minutes south of downtown Portland. Terms of the acquisition were not released. Completed in 2024, Holmes Park features 60 three-level, three-bedroom/three-bath residences with modern finishes and direct-access garages.

December 22, 2025

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