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HILLSBORO, OR-Louisiana Pacific sells its 24,700-sf corporate hangar at Hillsboro Airport to Merlo Corp., which has operations next door to the structure, and the Port of Portland incorporates the acquisition into Merlo's ground lease.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
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It marks an expansion for CapRock in Texas.
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The asset was purchased from Steel Peak, which plans to seek investment opportunities throughout the Western US.
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Tech adoption in routine repairs pays off for property portfolios.