Tokola Properties Inc. is a premier real estate development, construction, and property management firm operating primarily in Oregon, Washington, and Arizona. Established in 1971 by Al Tokola as an engineering and heavy construction enterprise, the company has evolved over the decades, shifting focus from large-scale engineering projects to the development and management of multifamily housing, mixed-use complexes, and hotels. Currently, Tokola Properties has a diversely integrated operation, having completed 24 notable developments that encompass over 2,000 units of multifamily housing and several boutique hotel projects, including The Independence and The Dundee, catering to unique urban and suburban needs.
The company's commitment to quality is grounded in the belief that exceptional design and construction, alongside long-term ownership and professional property management, bring substantial value to residents and communities alike. Since the early 2000s, under the leadership of former president Dwight Unti, Tokola expanded its project portfolio to include urban mixed-use developments and have established themselves as experts in navigating complex public/private partnerships, which have become a hallmark of their business model.
Tokola Properties prioritizes enhancing community landscapes through transformative developments, demonstrating a track record of success in markets often deemed challenging by others. Their approach to construction emphasizes sustainability, durability, and quality as they strive to deliver not only aesthetically pleasing developments but also functional and sustainable living environments.
In recent years, the firm has garnered multiple awards, notably recognized by the Oregon Main Street Association and the Oregon Department of Environmental Quality for their contributions to community development and public-private collaboration. With a legacy built on foundational values, Tokola Properties continues to explore new opportunities, investing in projects that positively impact the regions they serve.
