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April 29, 2015

Port seeking tenants for a new 112K-sf industrial facility

Portland Business Journal

Jon Bell

An expanding port up the highway from Portland is looking for tenants to fill a planned 112,000-square-foot industrial building.

The Port of Ridgefield, a 75-year-old port about 20 minutes north of Portland, is about to wrap up work on the site plan, elevations and permitting for the building, which will be constructed on port-owned property just south of its Ridgefield Industrial Park.

Construction won't likely be completed, however, until tenants are secured for the building, which will be suitable for a range of office, warehouse or light industrial activities.

"The building can be home to one tenant or as many as four," said Port CEO Brent Grening, in a release.

The port will also consider selling the building once it's completed, as well.

The property is located west of the current terminus of South 11th Street in Ridgefield, near Parr Lumber and Agave Denim and just a few minutes from I-5. It is also just south of the 78-acre Ridgefield Industrial Park, which the port created in 1984. Currenlty, the industrial park and adjacent development is home to approximately two dozen businesses that employ hundreds of people, according to the port.

"Demand continues at that location, and the Port is pleased to be in the position of investing to attract more commerce to the area," Grening said.

Scott Fraser, senior vice president with Kidder Mathews, is working with the port on the new industrial project.

For the full story, go to Portland Business Journal.

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