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Warehouse planned on Gresham industrial parcel

By: Chuck Slothower//December 28, 2017//

Warehouse planned on Gresham industrial parcel

Chuck Slothower//December 28, 2017//

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A Gresham industrial property has been purchased by a food distributor for a build-to-suit warehouse.

Preliminary plans call for constructing an approximately 135,000-square-foot facility on a 12.6-acre site at the Portland Portal Distribution Center in Gresham.

agreed to sell the property in a fee development arrangement, according to a news release. Delivery is expected in early fall 2018.

Panattoni was represented by CBRE Vice President Andy Kangas. The buyer, whose identity was not disclosed, was represented by Rod Brokenshire and Stu Peterson of . Terms of the deal were not disclosed.

Located at Northeast 172nd Avenue and Sandy Boulevard, Portland Portal Distribution Center offers access to Interstate 84 and benefits from enterprise zone tax incentives.

Panattoni previously developed speculatively the Big Eddy Commerce Center at Northeast Riverside Parkway. Anixter, a distributor of communications and security products, recently leased 80 percent of the 153,000-square-foot industrial development.



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