Dec
14
CBRE Secures Portland Industrial Asset Sale
ByThe buyer of the nearly 13-acre industrial site is a local food distributor. The transaction marks the company’s second in Portland’s Northeast submarket.
CBRE represented Panattoni Development in the sale of a 12.6-acre industrial site at Panattoni’s Portland Portal Distribution Center in Gresham, Ore. Macadam Forbes’ brokers Rod Brokenshire and Stu Peterson worked on behalf of the seller, a local food distributor.
Located at 172nd NE and Sandy Blvd, the Portland Portal Distribution Center is a few minutes north of Interstate 84. The building is close to U.S. Bank, Pacific Northwest Carpenters Institute and CEVA Logistics. Additionally, the Portland International Airport is seven miles from the distribution center…