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Seattle & Northwest  + Portland  + Industrial  |  January 11, 2024
Jasmine Kilman
By: Jasmine Kilman

Norris & Stevens Brokers $12.45M Sale of OR Industrial Buildings

LNR Holding, LLC recently completed the $12.45 million purchase of two industrial buildings located at 3324 & 3302 NW Marine Drive in Troutdale, Oregon. Tim Budelman with Portland-based Norris & Stevens, Inc. represented the buyer, and Daniel Helm and Mark Chiles with Capacity Commercial Group represented the seller, JLPS, LLC, in the transaction.

The two-story industrial buildings are approximately 37,304 and 29,808 square feet, and feature mezzanines, dock and grade loading, and abundant parking. The site offers 5,000 square feet of dedicated office space. The buildings are in close proximity to the Troutdale Airport and have convenient access to I-84. The property is located less than 30 minutes from both downtown Portland and Vancouver, Washington.

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Norris & StevensCapacity Commerical Group

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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