PORTLAND, OR – Fully-integrated commercial real estate investment firm, Westcore has purchased a 405,000-square-foot industrial facility outside of Portland, OR for $54.1 million. The firm acquired the property from New York-based DRA Advisors.

The acquired asset, Halsey Business Park, is located at 18225-18557 NE Halsey St. in Gresham, OR, near the Portland International Airport.

Halsey Business Park is currently 100% leased to three tenants, including American Direct, International Paper and Trailblazer Foods.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.