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Pods Inc. Fills Out Distribution Center

WILSONVILLE, OR-The Florida-based self-storage company takes 41,845 sf at the 250,000-sf warehouse owned by publicly held AMB Property Corp., which now may be taking its Portland-area portfolio to market.

By Brian K. Miller | Updated on August 23, 2005

WILSONVILLE, OR-AMB Property Corp.’s Wilsonville Distribution Center is at 100% occupancy thanks to a new 41,485-sf lease. The lessee is Pods Inc., the Florida-based self-storage company. The lease term is five years.

Pods stands for Portable on Demand Storage. The company brings mobile storage containers directly to the customer to pack and then picks them up and stores them at places like the Wilsonville Distribution Center.

Wilsonville Distribution Center is located at 29899 SW Boones Ferry Rd., adjacent to Interstate 5. Dave Ellis and John Fettig of Trammell Crow Co. represented AMB. Ted Nicholson and Bill Obregon of CB Richard Ellis represented Pods. The going lease rate for newer warehouse space in the region is in the low $0.30s per sf per month.

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