Company, Industrial, Sale
In an ongoing effort to keep you apprised of recent and significant sale activity, we wanted to make you aware of an industrial park in the Clackamas area that sold for an all-time new high!
In an ongoing effort to keep you apprised of recent and significant sale activity, we wanted to make you aware of an industrial park in the Clackamas area that sold for an all-time new high!
George Diamond, Nicholas Diamond, Allen Patterson, SIOR, and Scott Miller at Capacity Commercial Group are pleased to announce the closing of 7000 S. 10th Street in Ridgefield, WA. George and Nick represented the buyer while Allen and Scott represented the Seller. This 112,256 SF recent-construction warehouse property sits on 6.4 acres in the area's fastest-growing industrial park. The three occupants (national and regional operators) all have long-term leases. Completed in 2019, the asset has 9 dock doors, 3 grade doors, 3-phase 2,500 amp power, and 30' clear height. Located in a growing industrial park in the up-and-coming city of Ridgefield, the property also has ample parking in relation to its area. Truly a standout amongst new-construction industrial offerings, the property sets a strong benchmark for sales performance of industrial investments in the area. As part of the sale, The Diamond Team spearheaded an investment group to purchase the property for a strategic long-term hold. For more information, please contact: George Diamond 503.222.2178 gdiamond@capacitycommercial.com Nicholas Diamond 503.222.2655 ndiamond@capacitycommercial.com Allen Patterson, SIOR 503.542.4347 allen@capacitycommercial.com Scott Miller 503.517.9872 scottm@capacitycommercial.com
Elliot Rask and McCoy Doerrie facilitated an exciting off-market acquisition for an 11,490 SF office and medical building in the heart of Tigard. North Point Wealth Management bought the property during a period of extremely limited supply. Thanks to the leveraged knowledge and expertise of Elliot and McCoy, North Point was able to secure a well-located facility under an SBA loan with low interest rates.
Congratulations to Elliot Rask and McCoy Doerrie for their successful transaction and congratulations to Quest Center for Integrative Health for the strategic real estate purchase.
Crystal Finch Logistics, located at 7220 NE 47th Avenue in Vancouver, WA, has just hit the market. The project is expected to deliver in Q2 2023. This prime +/- 78,000 SF building with build-to-suit office.
Congratulations to Mike Hale and Scott Kappes for their recent sale of 2200 NE Andresen Road in Vancouver!
This 43,808 SF building fell out of contract at the heart of the pandemic but the team managed to find a strong buyer who orchestrated a seamless transaction.
Industrial and flex properties continue to be popular assets to invest in.
For more information, contact:
Mike Hale, Vice President – 503.517.7129 | mikehale@capacitycommercial.com
Scott Kappes, Principal – 503.517.9877 | scottk@capacitycommercial.com
Capacity Commercial Group represents buyer in the Sale of 164K SF North Phoenix Office Property Occupied by Consumer Cellular