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Portland MXU Apartment Asset Trades Hands

The Wilmore, a five-story mixed-use apartment building that houses 75 units in Portland, OR’s North Williams neighborhood, has been sold. Built in 2016, the complex contains 50,720 square feet of residential living space and 5,760 square feet of retail.

MSL Vancouver Oregon Investments acquired the property, for a reported $28 million. CBRE’s Phil Oester, Joe Nydahl and Josh McDonald arranged the sale on behalf of Wilsonville, OR-based Marathon.

Located at 4357 North Williams Ave., the property offers a mix of amenities and retail. Units feature high ceilings, bamboo floors, stainless steel kitchen appliances and granite countertops. The amenity-rich LEED Silver certified property features a bike repair shop with ample indoor and outdoor bike storage, a rooftop lounge, BBQ station and 24-hour fitness center.

The Wilmore is also home to Rovente Pizzeria, Open Tandoor Indian Food, and Coco Donuts.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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