Anthology on Division is a 3-building, mixed-use project with 89 units and 15,000 square feet of vibrant commercial space located in the heart of Portland’s most desirable Southeast neighborhood along the highly sought-after Division Street corridor known as the epicenter of Portland’s best restaurant scene.
- Acquired 89 units and 15,000 SF of commercial for $28.75M in October 2018
- Developed in 2013/2014 in A+ Southeast Portland location along the Division Street corridor known as the epicenter of Portland’s “foodie” / restaurant culture
- Portland’s Southeast Division Street was named one of the “10 Best Foodie Streets in America” by Food & Wine magazine and is rich in amenities and largely surrounded by single family homes, serving as a barrier to entry for additional multifamily development and reduces direct competition
- The asset’s high-quality construction and mixed-use environment resonate with strong credit tenants and residents alike, as evidenced by our ability to maintain and attract popular retail tenants at leading market rents
- Retail anchored by two of Portland’s most iconic retailers, Salt & Straw (ice cream) & St. Honoré (bakery)
- LEED Platinum certified buildings (energy- and resource-efficient) resulting in reduced operating and turnover costs in addition to higher demand from “green” focused renters
- Immediate access (15-minute bike ride) to Portland’s adjacent employment and education hubs (Walk Score 92, Bike Score 100 = “walker’s / biker’s paradise”)
