Press Release brought to you by NAI Elliott

NAI Elliott Brokers the Sale of 70-Unit Apartment Complex


PORTLAND, OREGON—NAI Elliott is pleased to announce the sale of the Shire I Apartments in SE Portland, Oregon. The 70-unit apartment complex, built in 2004, is located at 12328 SE Bush Street and sold for $9,100,000.

Nick Ostroff of NAI Elliott represented the seller, Bush Avenue Apartments, LLC. The buyer, Gilhurst Apartments, LLC, was represented by Tilbury Ferguson Investment Real Estate, Inc.

For more information, please contact:

Lou Elliott at +1 503 972 7212 or

Cap Berri at +1 503 972 7187 or

Nick Ostroff at +1 503 972 7224 or

About NAI Elliott

NAI Elliott takes a strategic approach to serving clients through a wide array of commercial real estate services, including asset management, owner and tenant lease representation, investment sales, capital markets, and property management. Client relationships are a core aspect of its business.  Built on a property management portfolio that includes over 100 commercial properties in five western states and a dedicated team of 40 professionals, NAI Elliott is equipped to provide excellent service for any commercial real estate needs.  NAI Elliott is focused on understanding client needs to preserve wealth, take advantage of opportunities, and maximize returns.

NAI Elliott is based in Portland, Oregon and has been recognized as one of the 100 Best Companies to Work for in Oregon, one of the 100 Best Green Companies in Oregon, and has earned a “Sustainability at Work” Gold Designation from the City of Portland.  NAI Elliott is an Accredited Management Organization (AMO) and is a participating member of ICSC, IREM, CCIM, and BOMA.



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