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Dermody Announces New Addition to Northwest Region Portfolio, LogistiCenter® at Clackamas
Dermody is pleased to announce the acquisition and development of LogistiCenter® at Clackamas, in Clackamas, Oregon. This project marks the first industrial development over 100,000 square feet to be constructed in Clackamas in the past five years, and is slated for completion by the end of 2026.
“LogistiCenter® at Clackamas’ strategic location makes this property a stellar addition to our Northwest Region offerings,” said Ben Seeger, Northwest Region Partner at Dermody. “The property is conveniently located less than three miles from Interstate 205, and has great connectivity to Interstate 5, Downtown Portland, the City of Vancouver, and the Ports of Vancouver and Portland. Its location in Clackamas County promises a business friendly operating environment in an institutional submarket of Portland that lacks new Class A warehouse product.”
The logistics facility will offer 248,532 SF of Class A industrial space that can be divided into smaller units to accommodate multiple customers. LogistiCenter® at Clackamas features a 36’ clear height, 52’ x 50’ column spacing, LED lights, full circulation and ample trailer parking. As a stand-alone building, it can also be fully fenced.
“Clackamas is a tight submarket with low vacancy and high demand, complemented by its business-friendly environment, skilled population base and robust distribution network,” said Tim Walsh, Chief Investment Officer at Dermody. “LogistiCenter® at Clackamas showcases Dermody’s ongoing commitment to sourcing the best opportunities for our customers, and it will be an asset for businesses looking to expand their distribution across the Pacific Northwest.”
This project is represented by Kidder Mathews brokers Scott Murphy, Executive Vice President; Tom Talbot, Executive Vice President; and John Hallman, Vice President.
Dermody’s Northwest Region spans five states, with a focus on industrial real estate in Seattle and Portland. The region currently has three buildings under construction and more than 960,000 SF available for lease. For more information, please visit the Northwest Region page on Dermody’s website.