Seattle & Northwest + Portland + Industrial | August 7, 2023

Cushman & Wakefield Advises Sale of Beaverton Industrial Center for $20.6M

Cushman & Wakefield advised the sale of Beaverton Industrial Center, a recently renovated 121,426-square-foot multi-tenant industrial and distribution project on approximately 6.5 acres in Beaverton, Oregon.

The asset was acquired by STAG Industrial, a real estate investment trust focused on the acquisition and operation of industrial properties throughout the U.S., for $20.6 million.

Cushman & Wakefield’s Bryce Aberg, Jeff Chiate, Jeff Cole, Rick Ellison, Mike Adey, Zach Harman, and Brad Brandenburg of the firm’s National Industrial Investment Advisory Group in Southern California represented the seller, BKM Capital Partners, in the transaction. Aaron Watt and Keegan Clay with Cushman & Wakefield and Greg Nesting of Norris & Stevens, Inc. also provided local market advisory.

Originally constructed in the 1960s and extensively upgraded in 2021, the property consists of two freestanding distribution buildings located at 5805 and 5807 SW 107th Avenue, which were fully leased to four tenants at the time of sale.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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