March 15, 2018 Comments Off on Trammell Crow Delivers 500K-SF LEED-Spec Development in Portland Views: 2540 National News, Oregon, West

Trammell Crow Delivers 500K-SF LEED-Spec Development in Portland

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Texas-based Trammell Crow Company and partner, Principal Real Estate Investors, completed Glisan Corporate Park, a 504,528-square-foot, three-building, development east of Portland, OR in Gresham. The project sits on a 28.5-acre site, and is the first LEED Certified industrial speculative development to deliver in the market since 2012.

The buildings are available for sale or lease, and range in size from 139,727 to 200,701 square feet. They feature 30 to 32-foot clear heights, ample auto parking and trailer storage. Each building is situated on its own parcel with water and sewer utilities serving each.

Trammell Crow Company’s Steve Wells says, “Portland is experiencing historically low vacancy rates, and with a constrained supply of additional development, we believe that Glisan Corporate Park is well positioned to accommodate high quality tenants looking for space in this tight market; nearly 4.4 million square feet is currently under construction, however 72% of that is preleased.”

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