January 28, 2025
NORRIS & STEVENS, INC. BROKERS $2.3M SALE OF MANUFACTURING BUILDING IN PORTLAND, OREGON
Anlekus LLC recently completed the $2,300,000 purchase of an industrial manufacturing/storage facility located at 9348 N Peninsular Ave in Portland, Oregon.
Originally constructed in 1932 with additions in the 1950s and 1970’s, the property consists of a main industrial building, a maintenance building, and two separate out buildings totaling 75,000 square feet. Formerly used for food production and storage, the industrial property features 6 loading docks, 1 drive-in door, 18-to-20-foot clear height, and a two-story office large office area.
Conveniently located in North Portland, the property is situated along the Columbia Corridor in a heavy industrial zone. The property benefits from easy access to major transportations arterials such as I-5, Hwy 120, and Hwy 30.
Greg Nesting with Portland-based Norris & Stevens, Inc. represented the Buyer and the Seller, Miscoe Properties 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 11,000 apartment units.
