SHERWOOD, OR-Portland-based Capstone Partners and Premium Property USA Inc. have started construction on a 101-unit residential project in Sherwood. The $13-million project, named The Residences at Cannery Square, will incorporate two buildings at the old Cannery site in Old Town Sherwood.

The apartment units will be ready for occupancy in fall 2013. The project was designed by Ankrom Moisan Associated Architects. The general contractor is KeyWay Corp. Riverstone Residential will manage and lease the multifamily property. For the full story, go to Portland Business Journal . News Hub is your link to relevant real estate and business stories from other local, regional and national publications.