BEAVERTON, OR-Chicago-based Equity Residential Properties Trust has unloaded the last two of its eight apartment properties in the Portland area for a total amount of $111.5 million. The Center Point and LaSalle complexes, which comprise 818 units, are situated in Beaverton.
Waterton Residential paid $77.2 million for the 554-unit LaSalle property at 15021 S.W. Millikan Way and Sequoia Equities bought the 264-unit Center Pointe complex at 15290 S.W. Millikan Way for $34.32 million. Seattle-based Moran & Co. brokers handled the sale. For the full story, go to Portland Business Journal .
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