The new space, located at 1750 SE Ochoco, is located within a 280,000-sf food distribution facility being vacated by Food Services of America. The build out will include a 20,000-sf outlet center. The move will occur July 1.

Dave Ellis of Trammell Crow represented Goodwill in the transaction. Ellis tells GlobeSt.com that Goodwill was originally planning to purchase Portland Community College's campus on Southeast 82nd Avenue but for undisclosed reasons opted not to exercise its option. That decision occurred six weeks ago. With their existing lease coming due in a matter of months, a decision was made to instead secure a long-term leasehold, says Ellis.

Ellis declined to reveal the lease rate Goodwill will be paying. Ken Boyko, Steve Dodds and Peter Stalick of Norris Beggs & Simpson, the owner's brokers, could not be reached for comment. Other local brokers familiar with the property and the transaction say Goodwill has agreed to pay a rate in the high $0.20s per sf.