September 20, 2022
NORRIS & STEVENS, INC. BROKERS $2.3M SALE OF 620,294 SF INDUSTRIAL YARD IN MOLALLA, OREGON
Dean Leasing LLC recently completed the $2,320,000 purchase of an industrial yard located at 1436 W Main Street in Molalla, Oregon.
The approximately 14.24 acres of industrial land consists of 5 adjacent tax lots. Conveniently located on OR-211 near its intersection with OR-213, the property is across the street from the Molalla Market Center and just minutes from downtown Molalla.
Gabe Schnitzer and Greg Nesting with Portland-based Norris & Stevens, Inc. represent the Buyer in the transaction, and Mike Kauffman with Keller Williams Portland Premiere represented the Seller, Forristall Family Investments LLC.
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 5.9 million square feet of commercial space and 9,100 apartment units.