Mission Rock Residential Expands Northwest Presence With Administration of 175-Unit Arlo Residence Neighborhood in Portland, Oregon

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Mission Rock Residential Expands Northwest Presence With Management of 175-Unit Arlo Apartment Community in Portland, Oregon

PORTLAND, OR – Mission Rock Residential, a Denver-based, multi-family real estate management company, continues to expand its presence in the Northwest and announce a new management contract for Arlo Apartments in Portland, Oregon. The company has received an agreement from Hamilton Zanze Real Estate Investments to manage the community of 175 units.

The apartment community is located at the north end of town between the Willamette and Columbia Rivers in the Arbor Lodge area, just 10 minutes from downtown. The location is also less than 20 minutes from the PDX International Airport. The Midrise-style shared apartment was only built in 2019 on a 1 acre property and offers walking access to groceries, dinging, shopping and social destinations.

"This elegant community embodies the lifestyle Portland is known for worldwide with organic accents and stylized, whimsical details," said Meredith Wright, president of Mission Rock Residential. "With a great location, contemporary design and abundant amenities, ArLo is a community full of personality. Mission Rock looks forward to further enhancing the resident's rental experience. We look forward to bringing our world-class multi-family management services to this outstanding community. ""

ArLo's apartment residences include luxurious finishes such as stainless steel appliances, mahogany kitchen cabinets with upgraded bronze handles, designer tile backslashes, and white quartz kitchen countertops. Walk-in closets as well as washing machines and dryers are also included in every apartment building and round off a stylish space for living, working and playing.

The ultra-modern equipment package of the apartment community includes a bicycle cellar, a lounge on the roof, an on-site dog park, a secure parking garage, a games lounge, a barbecue area with an outdoor terrace and an indoor and outdoor fitness center complete with cardio and weight machines as well as a yoga Studio.

The Portland, Oregon market has been a thriving track record of growth and opportunity in the United States for many years. Technology is an important part of the city's economy. There are more than 1,200 tech companies on the subway. This high density of tech companies has led to the nickname Silicon Forest being used to describe the Portland area. Major employers include some of the country's leading sports and outdoor equipment companies, and the maritime industry is also a major driver of the market.

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