September 24, 2024

NORRIS & STEVENS, INC. BROKERS $4.85M INVESTMENT SALE OF MEDICAL OFFICE IN ALOHA, OREGON

Merat Ostovar recently completed the $4,850,000 investment sale of a medical office park located at 18285-18455 SW Alexander Street in Aloha, Oregon.

The Aloha Medical Dental Square is comprised of 8 buildings with approximately 18,718 leasable square feet, situated on 5 tax lots totaling 3.60 acres. Conveniently located on the corner of Alexander Street and 185th Ave, the site offers great exposure and quick access to Highway 26 and downtown Beaverton.

Tim Budelman with Portland-based Norris & Stevens, Inc. represented the Buyer and the Seller, Aloha Medical Dental Group, LLC, in the transaction.

Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 7 million square feet of commercial space and 11,000 apartment units.