JLL arranged the $58.25 million sale of Sonder Fields, a newly constructed 180-unit community in Happy Valley, Oregon. JLL facilitated the sale on behalf of seller Cobalt.
The JLL Capital Markets investment and sales advisory team representing the seller was led by Senior Managing Director Ira Wilden, Managing Director Carrie Kahn and Director Frank Solorzano.
Located at 14798 SE Parklane Dr., Sonder Fields has easy access to I-205 and is close to major retail centers such as Clackamas Town Center and Happy Valley Crossroads. Built in 2023, the property sits on 9.95 acres and includes one-, two-, and three-bedroom units that average 972 square feet.
“As Happy Valley faces a shortage of available housing and rapidly increasing demand for housing, Sonder Fields has emerged as a bellwether for quality suburban living, ideally positioned to meet the growing needs of renters in the coming years. and create solutions that can help,” Solorzano said.
