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JLL Closes Sale of 158-Unit Luxury Multifamily in Lake Oswego

JLL has completed the sale of Willow, a 158-unit, luxury multifamily property in Lake Oswego, Oregon.

JLL represented the seller and procured the buyer. JLL Capital Markets’ Investment Sales and Advisory team, representing the seller, was led by Senior Managing Director Ira Virden and Managing Director Carrie Kahn.

Completed in 2024, Willow is a modern five-story building offering one-, two- and three-bedroom traditional units, two-bedroom townhome units and one-, two and three-bedroom penthouse units. Willow is located at 5600 Meadows Road, occupying a 5.16-acre site in one of the region’s premier submarkets.

In addition, Willow is within the Kruse Way office corridor, a major employment hub home to more than 2.9 million square feet of office space and 20,000 employees at companies such as Columbia Bank, Liberty Mutual, Hoffman Construction and HP. Willow is also located a short drive from Downtown Portland and the Portland International Airport.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.