GRESHAM, OR—Hawthorne Hydroponics LLC is expanding operations within the Portland region, all while retaining a presence in Vancouver, WA. The firm recently signed a long-term lease for a 378,000-square-foot class-A industrial building at the newly developed Blue Lake Corporate Park in this Portland suburb.
The transaction is recognized as the largest industrial lease signed in the Portland metropolitan market year-to-date 2020. Hawthorne Hydroponics leased all of Building B and will serve as the project's anchor tenant.
Blue Lake Corporate Park is owned by the partnership of Trammell Crow Company and a fund advised by Principal Real Estate Investors LLC. The project is Airport Way's newest class-A industrial development and consists of two buildings totaling 463,500 square feet on a 41-acre site. The speculative project was substantially completed in May.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
