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Distributor Buys Acreage for Warehouse

PORTLAND, OR-Morgan Distributing acquires approximately 11 acres at Riverside Parkway Corporate Center with plans for development of a 105,000-square-foot warehouse.

By Brian K. Miller | Updated on October 26, 2009

PORTLAND, OR-Morgan Distributing LLC has acquired 10.77 acres in the northeast corner of the city for a new base of operations, according to CB Richard Ellis, which brokered the deal. The seller was Reno, NV-based DP Partners LLC, which also will design and build the building. The purchase price was $$2.8 million.

The property is located at NE Portal Way and NE 185th Ave., within Riverside Parkway Corporate Center. Morgan plans to develop a 105,000-square-foot headquarters and distribution facility.

Morgan Distributing is a family-owned business formed in 1959. In 2000, the company purchased the Anheuser-Busch distribution rights for Northeast Portland.

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