Portland, Oregon (June 3, 2019)—Cascade Sotheby’s International Realty has acquired Avenue Properties Oregon serving the entire Columbia River Gorge on both sides of the river in Oregon and Washington effective immediately. Avenue Properties Oregon was formed in 2018 by top real estate producers and partners, Molly Donnell and Renee England, who join the Cascade Sotheby’s team with five other area agents.
With the addition of Avenue Properties, Cascade Sotheby’s International Realty increases market share in the luxury, vacation and second home, and farm/ranch/vineyard sectors and enhances its regional presence in the Pacific Northwest. Hood River and the surrounding Columbia River Gorge region have seen growth as a destination location for vacationers, hikers, kite sailors, retirees, among others seeking the beauty and quality of life of this special region.
In addition, the area is an emerging wine and vineyard destination with dozens of wineries catering to a growing tourism sector. Cascade Sotheby’s International Realty has long excelled at serving the farm, ranch and vineyard real estate markets and is poised with dedicated brokers to serve that market in the Gorge.
“Acquiring such an elite brokerage in Hood River is a natural extension of our strategy to serve the luxury, second home and emerging vineyard market in the Columbia River Gorge,” says Deb Tebbs, founder and chief executive officer, Cascade Sotheby’s International Realty. “Avenue Properties aligns perfectly with the Sotheby’s brand—the founders join us in putting client service and innovation at the forefront of everything they do.” When approached by Cascade Sotheby’s to join forces, Donnell and England felt it was the right time and the right brand for partnership—and true collaboration with a solid team: “Any brokerage can say they offer client-focused innovative marketing and technology and elite agents who are true experts in the business, but Cascade Sotheby’s delivers on that—100%!” says Donnell, who founded Avenue Properties Oregon. “The international reach, Sotheby’s long-standing reputation for excellence and the local leadership of Deb Tebbs were a huge draw for us—and we know those assets are our key differentiators as we continue to serve our clients here in the beautiful Gorge.”