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Investments Selected with Precision to perform with power
5230 North Basin Avenue
5230 North Basin Avenue, Portland, OR
Portland, OR 97217
Portland, OR 97217
Type: Industrial
Size: 192,728 sq. ft.
Built: 1955/1972
Investment Date: March 2020
Strategy: Value Add
The asset is well positioned in an "A" location in the in-fill Swan Island submarket. Swan Island sits approximately 8 miles above the mouth of the Wilmette River - 4.5 miles downriver (North) from downtown Portland. The submarket benefits from proximity to I-5 (1.5 miles), I-405 and I-205 freeways, Portland International Airport and the Port of Portland. The building features ample loading and clear heights ranging from 18'-29'. The asset totals 193k square feet, including 20k square foot showroom/office space.