Recently, 13th Street Partners, LLC successfully acquired an industrial complex located at 7515 NE 13th Ave in Portland, Oregon for a total of $1.45 million.
The transaction was facilitated by Thomas McDowell and Raymond Duchek from Norris & Stevens, Inc., who represented the seller Prentice & Prevost Properties LLC. The buyer was represented by Brett Bayne from Macadam Forbes, Inc.
This industrial complex comprises four buildings situated on an “L” shaped tax lot spanning over 18,275 square feet. The main building is a spacious warehouse of approximately 2,745 square feet with a well-equipped air-conditioned office measuring around 900 square feet. Additionally,the fabrication building boasts impressive features such as three grade-level doors,two five-ton bridge cranes,and drive-thru capabilities within its expansive area of3 ,830squarefeet.The property also includesan800-square-foot metal warehouse,a360-square-foot wooden garage,and7 ,550squarefeetof fenced yard space.Conveniently located in NE Portland,this site offers excellent accessibility to N Lombard Street,I-5,I-205,and the Portland International Airport.
Overall,this successful sale has been brokered by Norris & Stevens and marks another milestone for their exceptional services in the real estate industry.
