July 6th, 2021
NORRIS & STEVENS, INC. BROKERS $2.06M WAREHOUSE LEASE IN BEAVERTON, OR
O’Neill Transfer & Storage Co. recently completed the lease of an approximately 40,000 square foot warehouse space at Fry Distribution Center, located at 5805 SW 107th Avenue in Beaverton, Oregon. This lease brings the project to one hundred percent occupancy.
Valued at $2,061,748, the premises include approximately 1,184 square feet of office space, with 8 dock doors and 1 grade door for distribution and warehousing purposes. Equipped with a 28 foot clearance and front loaded distribution, the leased warehouse space has ideal staging, loading, and parking.
Greg Nesting, Vice President and Shareholder, and Gabe Schnitzer, Broker – Industrial Properties, with Portland-based Norris & Stevens, Inc. represented the property owner, Fry Warehouse LLC, in the transaction. Mark Hush, Managing Director, with Newmark Knight Frank represented the tenant.
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 6 million square feet of commercial space and 9,100 apartment units.