Hot of the press (release):
JLL’s Capital Markets experts today announced the sale of Indigo @ Twelve | West, a mixed-use property in the vibrant West End district of Portland, on behalf of an ownership group represented by Gerding Edlen and Downtown Development Group.
Developed in 2009 by Gerding Edlen and designed by ZGF Architects, this dynamic mixed-use building offers 273 modern apartments, 85,000 square feet of creative office, 321 underground parking stalls, and curated, street level retail under one green roof. The anchor of the West End neighborhood, with its prominent, skyline-defining wind turbines, and incomparable multifamily amenities, Indigo is an iconic property that has consistently performed at the top of the Portland market.
The transaction was conducted through the combined efforts of the JLL Northwest Capital Markets team. The commercial side was lead by JLL Managing Directors Buzz Ellis and Paige Morgan, and Vice President Adam Taylor, while Senior Vice President Mark Washington and Managing Directors David Young and Corey Marx led the multifamily team.