US EditionApartment Complex Near Portland Sells for $28M
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Apartment Complex Near Portland Sells for $28M
Axletree Apartments, a 110-unit apartment complex at 11125 S.E. 21st Ave. in Milwaukie, Oregon, was sold for $28 million to an undisclosed buyer. CBRE’s Josh McDonald and Joe Nydahl represented the seller in the transaction. The apartments were developed by Portland-based Guardian Real Estate Services in 2019, reported the Portland Business Journal. The five-story mixed-use building comprises studio, one- and two-bedroom apartments with 7,300 sq…
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