Palladia

JLL Capital Markets is pleased to present the opportunity to acquire Palladia (the “Property” or “Community”), a 1999-built, 497-unit garden style community located in the heart of the amenity-rich Tanasbourne neighborhood of Hillsboro, Oregon.

Palladia benefits from proximity to the region’s most sought-after retail destinations, top-ranked schools, and major economic drivers including the adjacent Kaiser Westside Medical Center, the Nike World Headquarters, and an array of tech employers that have earned the region its moniker the “Silicon Forest”. Adjacent to The Streets of Tanasbourne shopping center and walking distance to an abundance of retail including a Whole Foods and recently opened New Seasons, the Property boasts a remarkable suburban walk score of 80. Bordering the east side of the Property sits Evergreen Park, featuring a spacious green area with miles of trails creating a serene nature setting for residents.

The Community offers spacious floorplans featuring 9-foot ceilings with unique characteristics including lofted units (10% of the property) and townhomes with attached garages (35% of the property). Unit interiors have received limited upgrades to date, posing an exceptional opportunity to capture the area’s strong demand for modern housing through a luxury interior renovation program. Palladia features a comprehensive amenity set, including a community lounge, fitness center, and two pools, all primed for upgrades that will further strengthen Palladia against the competitive set.