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“Colliers Team Facilitates Record-Breaking Lease in Portland’s Rivergate Area”

"Colliers Team Facilitates Record-Breaking Lease in Portland's Rivergate Area"

Colliers recently facilitated a significant industrial lease at the newly developed Columbia Gateway in Portland, OR. The property, located at 13636 N Columbia Blvd., was leased by Medallion Industries Inc. on behalf of owner Oakpark Investments. This deal marks the largest new lease in Portland’s Rivergate submarket for 2024 and covers an impressive 100,492 square feet of space, including over 11,000 square feet dedicated to office and showroom use.

After acquiring the property, OakPark Investments enlisted Colliers’ Jerry Matson,Brian Yoakum,and Tom Knecht to handle leasing responsibilities. The Colliers team implemented a comprehensive rebranding and marketing strategy that ultimately led to this successful transaction with Medallion Industries Inc. According to Matson,”This collaboration between our offices and clients truly showcases how vision can be realized when everyone is working towards a common goal.”

Medallion Industries Inc., founded in Portland in 1971,is a leading regional supplier of windows, doors,millwork,and hardware.Their decision to lease space at Columbia Gateway further solidifies their presence as an established company within the area.

Overall,this deal highlights not only Collier’s expertise but also their abilityto bring together different parties for mutual successin commercial real estate transactions.

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