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Colliers Facilitates $30M Industrial Sale in Portland’s Sunset Corridor
Colliers completed the $30 million sale of Meadowlark Industrial Center, a 154,646-square-foot industrial facility located at 404 N Holladay Street in Cornelius, Oregon.
Completed in 2024 and designed to accommodate both traditional distribution and specialized operations, the property spans approximately 7.35 acres and features institutional-quality specifications. This represents one of the highest per-square-foot trades in Oregon history. The property is fully leased to Omega Morgan, a specialized heavy-equipment transport provider, on a long-term basis.
Colliers Vice Chair Mike Kendall, Executive Vice President Gian Bruno, Senior Vice President Nick Mascheroni, Senior Vice President Kenny Patricia and Associate Kylie Jones led the transaction. Vice Chair Jerry Matson, Senior Vice President Mike Thomas and Associate Vice President Karen Lisignoli provided local market support, with Executive Vice President Chris Johnson and Vice President Brett Johnson representing the buyer. “This transaction reflects the continued depth of capital targeting the Portland industrial market,” said Bruno.
