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STAG Industrial Acquires Beaverton Industrial Center In Beaverton, Oregon For $20.6M

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SOLD
$20,600,000
Rick Ellison
Zachary (Zach) Harman
+ 4

Oregon

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Industrial121,426 SF
Sold 08/07/2023
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Property Image
SOLD

STAG Industrial Acquires Beaverton Industrial Center In Beaverton, Oregon For $20.6M

5805 Southwest 107th Avenue Beaverton, Oregon 97005, USA

See Similar Deals
Industrial121,426 SF
Sold 08/07/2023
Rick Ellison
Zachary (Zach) Harman
+ 4
Contact now

Summary

OREGON
Asset Type:Industrial
Price Per Square Foot:$169
Total Square Footage:121,426 SF
Transaction Type:Sale

Cushman & Wakefield has facilitated the sale of Beaverton Industrial Center, a multi-tenant industrial/distribution project spanning 121,426 square feet on around 6.4 acres in Beaverton, Oregon. The property was sold for $20,600,000 at a price per square foot of $170. The Beaverton Industrial Center is located at 5805-5807 SW 107th Ave in the thriving market of Beaverton, OR.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20,600,000
  • Square Footage: 121,426 sqft
  • Price per Square Foot: $170
  • Address: 5805-5807 SW 107th Ave, Beaverton, OR
  • Market: Beaverton, OR

The sale of the Beaverton Industrial Center was facilitated by Cushman & Wakefield. The buyer, STAG Industrial, acquired the property from the seller, BKM Capital Partners. The deal was brokered by Brad Brandenburg, Bryce Aberg, Jeff Chiate, Jeff Cole, Mike Adey, Rick Ellison, and Zach Harman of Cushman & Wakefield.

Players

Bryce Aberg
18 deals$1.1B volume(858) 546-5462
BROKER

Mike Adey
Cushman & Wakefield
18 deals$1.3B volume
BROKER

Zachary (Zach) Harman
Cushman & Wakefield
8 deals$448.5M volume
BROKER

Jeff Chiate
Cushman & Wakefield
38 deals$2.7B volume
BROKER

Rick Ellison
Cushman & Wakefield
24 deals$1.4B volume
BROKER

Brad Brandenburg
Cushman & Wakefield
11 deals$934.6M volume
BROKER

Jeffrey (Jeff) Cole
Cushman & Wakefield
22 deals$1.9B volume
BROKER

Stag Industrial
BUYER

Details

SOLD
IMAGE: Brad Brandenburg, Bryce Aberg, Jeff Chiate, Jeff Cole, Mike Adey, Rick Ellison & Zach Harman DATE: 08/07/2023 ADDRESS: 5805-5807 SW 107th Ave MARKET: Beaverton, OR ASSET TYPE: Industrial BUYER: STAG Industrial SELLER: BKM Capital Partners BROKERS: Brad Brandenburg, Bryce Aberg, Jeff Chiate, Jeff Cole, Mike Adey, Rick Ellison & Zach Harman - Cushman & Wakefield SALE PRICE: $20,600,000 SF: 121,426 ~ PPSF: $170 NOTE: Cushman & Wakefield has facilitated the sale of Beaverton Industrial Center, a multi-tenant industrial/distribution project spanning 121,426 square feet on around 6.4 acres in Beaverton, Oregon.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,098,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$73,187.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$97,654.51
Annual Debt Service$1,171,854.12