REBusinessOnline

McLellan Estate Co. Acquires 196,499 SF Industrial Complex in Oregon for $27.5M

Clackamas Business Center was built in 1978. It was 99 percent leased at the time of sale.

CLACKAMAS, ORE. — McLellan Estate Co. has purchased Clackamas Business Center, a 196,499-square-foot industrial center southeast of Portland in Clackamas for $27.5 million. The center is located at 14863 SW 82nd Ave.

Clackamas Business Center was built in 1978. It was 99 percent leased at the time of sale. There are a total of 50 units in the park. Notable tenants include Mattress World, Marion Construction, Portland Fruit LLC, Harmony Kids LLC and Portland Cider Co.

Scott Finney and Nicholas Chessar of Norris & Stevens represented both the buyer and seller, limited partnerships controlled by Warren Family Properties, in this transaction.

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