Toshiba Ceramics Property Lists for $8.5M

HILLSBORO, OR-Toshiba Ceramics, which used to own 60 acres here, is selling off its last 20-acre parcel after consolidating operations in Japan last month. The 20-acre parcel, which includes on 54,000-sf building and room for a second one, is listing for $8.5 million.

Grubb & Ellis’ Brad Fletcher, who helped broker the land deal for the building, is handling the disposition as well. Toshiba’s senior vice president Pat Bremkamp told GlobeSt.com last November that the building and excess land would be marketed together.

Toshiba Ceramics’ property is located at the corner of Cornell Road and 231st Street, near the Orenco Station, a retail development along the region’s east-west light rail line. The Hillsboro plant, the company’s only facility outside of Japan, opened more than 10 years ago.