JLL Closes Sale of Housing Community Near Adidas Portland HQ

JLL closed on the sale of The Perch PDX, a 141-unit, newly constructed, luxury, transit-oriented multi-housing community located in the Overlook neighborhood of North Portland, Oregon. JLL represented the seller, Fairfield, and procured the buyer, Green Leaf Capital Partners. The Capital Markets team was led by Senior Managing Director Ira Virden, Managing Director Carrie Kahn and Director Frank Solorzano.

Built in 2020, The Perch PDX features studio, one- and two-bedroom units averaging 648 square feet. Community amenities include terraces, a game room, a fitness center, co-working spaces, and secured access garage parking.

The Perch PDX is located at 5325 N. Interstate Avenue within a highly walkable, mixed-use lifestyle and leisure activity hub. Nearby employers include Adidas’ North American Headquarters, Daimler’s North American HQ, Genetech, Kaiser Permanente, Legacy Health and Prologis Meadows.