January 24, 2020

NORRIS & STEVENS, INC. BROKERS $5.3M SALE OF TRI-DEV INDUSTRIAL PARK IN PORTLAND, OREGON

PIR Whitaker Way, LLC recently completed the $5,300,000 purchase of an approximately 72,000 square foot, four building industrial park located at 12683-12735 NE Whitaker Way in Portland, Oregon. The project is fully occupied by eleven tenants.

Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens, Inc. represented the Buyer, PIR Whitaker Way, LLC, and the Seller, Tri-Dev LLC, 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 approximately 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 6.5 million square feet of commercial space and over 9,000 apartment units.

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