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LogistiCourt at Portal Way Park

 

THE OFFERING

Build a custom commercial or industrial facility in an established business park.  Developer will design and construct, then lease or sell the project upon completion.

 

THE PROPERTY

10.7 acres, divisible to smaller parcels, of State Certified shovel-ready land.  All essential infrastructure (road, power, gas, water, sewer) is in place.  zoned IG2 which allows for a broad range of commercial and industrial uses.

 

THE LOCATION

One mile from I-84 Exit 13, its only full interchange serving the Airport Way Corridor Private, secure setting at the end of a cul-de-sac with respected corporate neighbors.  Near available and skilled workforce, affordable housing, and ample amenities.  Fronts NE Airport Way (188,000 cars per day) for signage exposure if desired.

 

THE INCENTIVES

Site is located in the PDC Airport Way Urban Renewal Area.  Portland Development Commission offering grants and low interest loans.

 

THE DEVELOPER DP Partners has developed 35,000,000 square feet of buildings in its 50 year history.  LogistiCourt at Portal Way - Phase I is a 265,000 SF, Class A distribution facility.  Phase I is 60% occupied with two units still available for lease.

© CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

DP Partners Logo

_______________________

For information, contact:

Andy Kangas
T 503.221.4874
andy.kangas@cbre.com

Stuart Skaug
T 503.221.4822
stuart.skaug@cbre.com

CB Richard Ellis
1300 SW Fifth Avenue, Suite 200
Portland, OR 97201
T 503.221.1900
F 503.221.4873

www.cbre.com/portland

 
© 2009 CB Richard Ellis | Last Modified:Friday, April 10, 2009
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