October 8, 2026
NORRIS & STEVENS, INC. BROKERS $7.15M INDUSTRIAL SALE IN WOODBURN, OREGON
Bradley C. Shephard, Stanley V. Shephard, and Growing Investments, LLC recently completed the $7,150,000 sale of an industrial manufacturing facility located at 2257 Progress Way in Woodburn, Oregon.
Constructed in 1972, the approximately 51,274 square foot industrial property is situated on 4.81 acres. The fully-insulated manufacturing facility includes 2,100 square feet of office space, 3 acres of fenced/paved yard with controlled access points, 4 grade level doors, and 2 dock high doors. Positioned with potential rail access, the building is conveniently located in northeast Woodburn with easy access to I-5 and Hwy 99E.
Raymond Duchek with Portland-based Norris & Stevens, Inc, represented the Seller, and Dave Ellis with Capacity Commercial Group represented the Buyer, Ivanov Investment Group, LLC, in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 7 million square feet of commercial space and 10,500 apartment units.
