Norris & Stevens Negotiates $7.6M Sale of Mt. Scott Industrial Park in Portland, Oregon
Mt. Scott Industrial Park in Portland, Ore., features 35,000 square feet of industrial space, office space in each suite, 48 parking spaces, eight grade-level doors and eight drive-in doors.
PORTLAND, ORE. — Norris & Stevens has arranged the sale of Mt. Scott Industrial Park, an industrial asset located at 7402-7410 SE Johnson Creek Blvd. in Portland. Frith Investments 3 acquired the asset from Mt. Scott Industrial Park LLC for $7.6 million.
Nick Chessar and Scott Finney of Portland-based Norris & Stevens represented the seller, while Tyler Dean of Macadam Forbes represented the buyer in the transaction.
Constructed in 1971 and 1976 on 3.6 acres, the 35,000-square-foot industrial park features office space in each suite, 48 parking spaces, eight grade-level doors and eight drive-in doors. Mt. Scott Industrial Park was 100 percent occupied at the time of sale.