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IPA Arranges $14.7M Sale of Multifamily Community in Forest Grove, Oregon
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IPA Arranges $14.7M Sale of Multifamily Community in Forest Grove, Oregon
FOREST GROVE, ORE. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $14.7 million sale of The Boxer, a 99-unit apartment complex in Forest Grove, about 27 miles west of Portland. Hillsboro, Oregon-based Bender Equities sold the property to San Francisco-based Tam Ridge Partners. The Boxer is a nine-building property that was developed in the 1960s and renovated in 2019. Amenities include a playground, o…
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