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November 25, 2014

Tualatin Land Sold for $4M - Trammel Crow Co Acquires 17 Acre Development Site

CoStar Group

Nathan Wilson

Trammell Crow Company purchased 17.3 acres of industrial land at 19585 SW 118th Ave. in Tualatin, OR from Lehigh Hanson, Inc. for $4 million, or about $231,000 per acre.

The vacant land will be used to develop a proposed 301,709-square-foot industrial park with four buildings set to be delivered in the third quarter of 2015.

Zach Francis, Steven Klein, and Peter Stalick with Kidder Mathews represented both the seller and buyer in the sale.

Please refer to CoStar COMPS #3136556 for more information on this transaction.

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