October 4, 2022
NORRIS & STEVENS, INC. BROKERS $5.5M SALE OF INDUSTRIAL/FLEX BUILDING IN CLACKAMAS, OREGON
14200 SE 98th LLC recently completed the $5,500,000 sale of the 98th & Lawnfield building located at 14200 SE 98th Court in Clackamas, Oregon.
Constructed in 1998, the 26,219 square foot five tenant flex facility is situated on approximately 1.93 acres, and features abundant parking, 5 drive-in doors and a 17 foot clear height. With easy access to I-205, Highway 224, and Highway 212, 98th and Lawnfield offers a convenient location just 20 minutes from both downtown Portland and Portland International Airport.
Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens, Inc. represented the Buyer and the Seller, 14200 Southeast 98th LLC and BF Lawnfield, 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 5.9 million square feet of commercial space and 9,100 apartment units.