Gantry Secures $17M to Acquire Single-Tenant Industrial Asset in OR

Gantry has secured a $16.5 million permanent loan to support the purchase of Meadowlark Industrial Center, located at 404 N. Holladay Street in Cornelius, Oregon, a key industrial submarket in Portland’s fast-growing Silicon Forest technology corridor.

Recently completed in 2024, the modern property is 100% occupied by a single tenant and sits on approximately 7.35 acres. The property is a key regional location for a leading Pacific Northwest heavy equipment transporter and serves as both a traditional warehouse and for specialized uses, with abundant parking and storage.

Gantry’s Paddy Ryan, Principal, Kristin Lapinskas, Senior Associate, and Hrishi Bukshin, Associate, with the firm’s Seattle and Portland production offices, represented the borrower, a private real estate investor. The 12-year loan was secured from one of Gantry’s correspondent life company lenders and features 30-year amortization. Gantry will service the loan for the lender. “Industrial property continues to be one of the favored asset classes for lender allocations in the current marketplace,” said Ryan.

Hear from the West Coast’s Leading Industrial Real Estate Experts | August 20
Gain firsthand insight from the executives, investors, and developers navigating today’s industrial market. From shifting capital flows and debt trends to evolving occupier demand and development strategies, take part in the conversations shaping the future of industrial real estate. Register now: www.connectindustrialwest2026.com