November 29, 2022
NORRIS & STEVENS, INC. BROKERS $1.275M SALE OF AN INDUSTRIAL WAREHOUSE IN HILLSBORO, OREGON
TTG TV Highway LLC recently completed the $1,275,000 purchase of an industrial warehouse located at 5037 SE Alexander Street in Hillsboro, Oregon.
Constructed in 1980, the approximately 3,920 square foot warehouse is equipped with 580 square feet of office space, and is situated on a 0.62 acre (27,000 SF) secure, paved yard. Located in a general industrial zone, the warehouse consists of 3 grade level dock doors and is conveniently located between Aloha and Hillsboro, with immediate access to the Tualatin Valley Highway.
Jack Schaub and Matt Lyman with Portland-based Norris & Stevens, Inc. represented the Seller, 3 of a Kind, LLC, and Ed Petrossian with RE/MAX Equity Group represented the Buyer in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 9,100 apartment units.
