Cushman & Wakefield facilitated the sale of a 150-acre industrial land development site in Longview, Washington. The property is strategically located near the Port of Longview and along the Interstate 5 corridor, providing convenient access to both Portland and Seattle.
The purchaser, Cascade Civil Development, is an expert civil construction company based in Oregon that specializes in habitat restoration, structural concrete work, grading services,and construction management. On the other hand,the seller was Weyerhaeuser. Cushman & Wakefield’s team consisting of Aaron Watt,Kegan Clay,and Michael Flynn represented both parties involved in this transaction.Additionally,Cascade Civil Development has also enlisted their services for leasing and disposition tasks related to future developments on this site.
With all necessary permits already secured,the buyer plans to begin mass grading work immediately,to prepare for future development.The prime location boasts high-capacity utility infrastructure,rail service,and close proximity to Portland International Airport,making it capable of accommodating nearly two million square feetof new industrial space.This recent sale was advised by Cushman & Wakefieldand marks another successful deal withinthe commercial real estate industry.