May 24, 2021
NORRIS & STEVENS, INC. BROKERS $4.5M SALE IN TROUTDALE, OREGON
PDX Trans, LLC recently completed the $4,500,000 purchase of 1871-1891 NW Commerce Court in Troutdale, Oregon.
This industrial warehouse totals 23,896 SF on 1.66 acres, which includes a 4,168 SF two-story office and 5,000 SF of fenced yard. The one story warehouse has 20-foot ceilings, 2 dock high loading doors, 3 grade-level doors, well-distributed 3-Phase/480 volt power and a wet sprinkler system.
The site offers abundant parking, as well as easy access to Marine Drive and I-84. It is also 18 minutes to the Portland International Airport, and 28-minute drive to the Port of Portland.
Tim Budelman with Portland-based Norris & Stevens, Inc. represented the buyer, in the transaction. Mike Hale and Brody Cohen of Capacity Commercial represented the seller.
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.