The units at Arbor Creek offer a mix of 1×1 and 2×2 floorplans and most have been upgraded.
BEAVERTON, OR—Portland's regional economy has been outperforming nearly all other large metros across the country, causing a net migration into the area and resulting in high demand for housing units of all types. Just as Portland's economy still has room to run, so does its multifamily market.
Indeed, the Portland multifamily market continued its exceptional run during the third quarter, according to a report by Kidder Mathews. Although permit activity slowed since inclusionary zoning regulations commenced last year, the metro continues to experience one of the strongest building cycles in its history.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
