Lake Oswego Office Building Sold for $4,500,000

The 10,782 SF medical office building in Lake Oswego, Oregon sold for $4,500,000. The Lake Oswego Crossing is a medical office built in 2002 with multiple tenancies and a cap rate of 5.98%. Located in the Kruse Way submarket, the building is centrally located with ample parking. SVN Bluestone & Hockley advisors represented the buyer in this transaction which closed in May of 2019.