Vancouver, WA Newest Development: Fourth Plain Business Park
Capacity Commercial Group is providing leasing services for a new mixed use light industrial and retail development located at NE Fourth Plain Boulevard and NE 152nd Avenue aptly named the Fourth Plain Business Park. The developer, Beaverton-based Pacific NW Properties, is no stranger to the SW Washington commercial real estate scene. To read the entire Vancouver-SW Washington Business Journal article regarding the new development, go HERE.
Continue reading this blog post for a two minute overview of the new development, including:
- Summary Overview of Fourth Plain Business Park Project
- Light Industrial and Retail Space Availability
- Timeline for Occupancy and Contact Information for Capacity Commercial Group
Fourth Plain Business Park: Summary Overview
In the Portland Metro and SW Washington Areas, industrial and retail space is difficult to find, especially for small bay tenants. As a result, Pacific NW Properties is developing a total of 40,000 square feet of space on 2.5 acres, with a mix between light industrial and retail use, a broad range of space sizes, and a simple concept that will allow tenants to move in as-is with little to no updates required.
A family-owned company, Pacific NW Properties takes pride in building long-term relationships with its tenants, and seeks to fill up the space with high quality tenants.
Light Industrial and Retail Lease Spaces Available
Pacific NW Properties engaged Capacity Commercial Group to find the right mix of tenants for the new light industrial and retail spaces.
Below are details of what spaces will be available:
+ 80% of the 40,000 square feet will be light industrial use
+ Spaces will range from 3,000 sf – 12,000 sf
+ Flexible floor plans that are move-in ready
+ Excellent location with freeway access nearby
+ 20% of space is for retail, with high visibility from Fourth Plain
Fourth Plain Business Park: Timeline for Occupancy
Development is slated to be completed by the end of 4Q 2016, and Capacity Commercial Group plans to start occupancy around the same timeframe.
To learn more about the project and/or space availability, contact Capacity Commercial brokers Steve Hunker or Mark Childs at 503.326.9000.
About Capacity Commercial Group
With over 22 active Brokers and more individual memberships within the SIOR organization, Capacity Commercial Group combines local market experience with industry expertise to manage new development projects in the Portland metro area.