October 9, 2024
NORRIS & STEVENS, INC. BROKERS $1.675M SALE OF OFFICE BUILDING AND ADJACENT LAND IN GRESHAM, OREGON
Lewis & Clark Montessori Charter School recently completed the $1,675,000 purchase of an office building and adjacent land located at 600 NW Farris Rd in Gresham, Oregon.
Constructed in 1978 and renovated in 2003, the approximately 4,030 square foot single-story office property is ADA accessible and includes 26 parking spaces. The sale also included an adjacent land parcel totaling 0.43 acres, offering additional development opportunities. Conveniently located in the heart of downtown Gresham, the site offers easy access to Highway 26 and Historic Troutdale. Additionally, it is just 20 minutes from downtown Portland and Portland International Airport.
Tim Budelman with Portland-based Norris & Stevens, Inc. represented the Seller, VW Holdings, LLC, and Anne Hecht with Cushman & Wakefield 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 7 million square feet of commercial space and 11,000 apartment units.
