|
|
8/24/16
|
PCCP LLC and Capstone Partners LLC have teamed to develop PDX Logistics Center III, a two-building, Class A industrial project totaling 257.1k sf of space in Portland. Situated on a 14-acre site, the project is adjacent to the Portland International Airport and the fully leased PDX Phase I and II industrial developments, which total 846k sf in three buildings and were also a joint venture between PCCP and Capstone.
PDX Logistics Center III is designed to attract smaller, local distribution users with space needs averaging approximately 45k sf and requiring office build-outs. The first building will total 134.4k sf and offers 26-foot clear height, 28 dock-high doors, four drive-in doors and 83 parking spaces. The second building will total 122.7k sf and offers 32-foot clear height, 24 dock-high doors, four drive-in doors, and 103 parking spaces. Construction has commenced and completion is anticipated for August 2017.
The site is located approximately one-half mile from the air cargo entrance at Portland International Airport and just three miles from Interstate 205. Additionally, it is about 10 miles east of the Port of Portland and the Union Pacific Railroad. PDX Logistics Center III is within the Airport Way/Columbia Corridor submarket which includes 38 msf of industrial properties and has a tight vacancy rate of 4.5 percent vacant.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
