PORTLAND, OR—A four-building multi-tenant, class A industrial portfolio located in the Portland area has been acquired by a fund advised by CBRE Global Investors.
Totaling 307,970 square-feet, the portfolio includes three buildings at 19963-20055 NE San Rafael St. within the Rockwood Corporate Center in Portland and one building at 21151-21249 SW 115th Ave. within the 115th Commerce Park in Tualatin, OR. Located within two established industrial parks, the portfolio is fully-leased to six tenants.
The three buildings acquired in the Rockwood Corporate Center were constructed in 2008 and total 122,050 square-feet, with clear heights between 24 and 26 feet, Early Suppression Fast Response sprinklers, single-side loading packages, ample car parking and varying office build-outs.
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