(To read more on the industrial and net lease markets,click here.)
PORTLAND, OR-Scanlan Kemper Bard Cos. has acquired a 279,337-sfportfolio of five office and warehouse buildings in Oregon,Washington and Arizona from Qwest Corp. for $29.5 million. Thebuildings were constructed between 1985 and 1987 as build-to-suitfacilities to house administrative and field support functions forUS West, which was acquired by Qwest in 2000.
All five buildings are net leased to Qwest, and SKB plans tore-trade the properties individually over the next two years. SKB'splan is to re-trade the Oregon asset in the near term and hold therest for at least 18 months.
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