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Decades-Old Coffee Co. Strikes Out on New Path

The former Boyd Coffee is located in Northeast Columbia Corridor, Portland’s premier distribution submarket, and new owner Dermody Properties intends to complete strategic upgrades to the building.

Former Boyd’s Coffee Company The Northeast Columbia Corridor, home to 19730 NE Sandy Blvd., has a vacancy rate of 3.6%.

PORTLAND, OR—The building at 19730 NE Sandy Blvd. has been the home of Boyd’s Coffee Company for 40-plus years. Dermody Properties recently purchased the 295,361-square-foot industrial and manufacturing facility from Boyd Future Associates for $18.8 million.

The building is located in the Northeast Columbia Corridor, the largest and most active industrial submarket in the metro area, with a vacancy rate of just 3.6%. A strong employment base, a wide variety of housing alternatives and access to air, rail, road and water transportation make this area particularly attractive to both corporate users and institutional investors, GlobeSt.com learns.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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