The Northeast Columbia Corridor, home to 19730 NE Sandy Blvd., hasa vacancy rate of 3.6%.
PORTLAND, OR—The building at 19730 NE Sandy Blvd. has been thehome of Boyd's Coffee Company for 40-plus years. Dermody Propertiesrecently purchased the 295,361-square-foot industrial andmanufacturing facility from Boyd Future Associates for $18.8million.
The building is located in the Northeast Columbia Corridor, thelargest 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 andaccess to air, rail, road and water transportation make this areaparticularly attractive to both corporate users and institutional investors, GlobeSt.com learns.
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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.
