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Seattle & Northwest  + Portland  + Industrial  |  January 25, 2023
Frith Investments 3 Acquires Portland Industrial Park for $8M
Mark Nieto
By: Mark Nieto

Frith Investments 3 Acquires Portland Industrial Park for $8M

Nick Chessar and Scott Finney, SIOR with Portland-based Norris & Stevens have brokered the $7.65 million sale of Mt. Scott Industrial Park, a 35,500-square-foot facility in Portland, OR. Frith Investments 3, LLC acquired the property from Mt. Scott Industrial Park, LLC, which was represented by Norris & Stevens. The buyer was represented by Tyler Dean with Macadam Forbes.

Constructed in 1971 and 1976, Mt. Scott Industrial Park is situated on 3.5 acres on SE Johnson Creek Boulevard near 82nd Avenue. The complex is 100% occupied and features office space in each suite, 48 parking spaces, eight grade-level doors and eight drive-in doors.

The property is located in an industrial area just north of Clackamas, OR and in close proximity to major transportation arterials, including Interstate 205. In addition, the industrial park is within 20 minutes of Downtown Portland and Portland International Airport.

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.
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