Bridge Purchases Industrial Site Near Portland CBD
Bridge Industrial has acquired a 77-acre site in Vancouver, WA that will be the future home of Bridge Point Vancouver 600, a 646,000-square-foot industrial project in the Portland, OR submarket. Kidder Mathews’ Zach Francis and Karla Hansen represented Bridge in the transaction, while the sellers were represented by Matt Lyman and Greg Nesting of Norris & Stevens.
Bridge Point Vancouver 600 will feature 40-foot clear heights, 110, docks, eight drive-in doors, 413 parking stalls and 166 trailer stalls. The property is located 12 miles from Downtown Portland, Portland International Airport and the Port of Vancouver. Additionally, the Washington address provides tax benefits for tenants and employees.
“We’re looking forward to delivering this modern, state-of-the-art logistics facility, adjacent to a growing population base with direct access to the expressway as well as main arterials, to meet the continued demand for industrial product in the Pacific Northwest,” said Bridge’s Justin Carlucci.
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.