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May 13, 2015

Port of Ridgefield to build industrial building - Tenants sought for 112,000-square-foot building

The Reflector

The Port of Ridgefield is seeking tenants for a 112,000-square-foot industrial building it plans to construct on Port-owned property just south of the Ridgefield Industrial Park.

The port is in the home stretch on a site plan, elevations and permitting for the project, paving the way for a short time frame to completed construction once leases are in place. A sale of the building at 11th Street, once constructed, would also be considered by the port; outright uses on the property include office, warehouse or light industrial activities.

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

The property is located west of the current terminus of South 11th Street in Ridgefield, near Parr Lumber and Agave Denim and just a stone's throw from I-5.

In 1984, the Port of Ridgefield purchased a 78-acre parcel of land to create the Ridgefield Industrial Park. Today, the industrial park and adjacent development is home to approximately two dozen businesses that provide hundreds of jobs. Development at the park over the years sparked growth nearby.

Grening sees the construction of the building at 11th Street as a proactive effort by the port to draw more business to Ridgefield.

"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.

Last year Elie Kassab, president of Vancouver-based Prestige Development, purchased a parcel on 11th Street for industrial development through his company, ROK Development.

For more information visit the port's website, choose the "Opportunity" navigation tab and click "11th Street Building." Interested parties should contact Grening at the port by calling (360) 887-3873 or Scott Fraser, senior vice president, Kidder Mathews, (503) 515-8888.

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