Recent Acquisitions & Acquisition Criteria
In addition to property development and property management, Pacific NW Properties has been one of the most active buyers of commercial real estate in the Portland Metro Area over the years. PNWP is actively pursuing acquisitions of multi-tenant business parks, single-tenant industrial buildings, vacant industrial buildings, and well-located industrial land in the 2 to 15-acre size range for future development.
SUNSET HIGHWAY BUSINESS PARK III
NE Helvetia Rd & NE Jacobson St
Hillsboro, OR 97124
SUNSET HIGHWAY BUSINESS PARK III (land) was purchased in 4Q25. This prime approximately 7.23 acre site located at the corner of NE Jacobson St. and NW Helvetia Rd in Hillsboro will house a future Pacific NW Properties multi-building, multi-tenant light industrial business park.
TETON INDUSTRIAL PARK
19495 SW Teton Avenue
Tualatin, OR 97062
TETON INDUSTRIAL PARK was purchased in 2Q25. Measuring approximately 23,352 square feet and situated on a large 3.20 acre site, this fully leased light industrial building is Pacific’s 10th asset under ownership and management in Tualatin, Oregon.
NEWBERG INDUSTRIAL PARK II
705 S. Springbrook Road, Building A
Newberg, OR 97132
NEWBERG INDUSTRIAL PARK II was purchased in 2Q24. Measuring approximately 28,800 square feet, this fully-leased modern vintage concrete tilt up warehouse located at 705 S. Springbrook Road in Newberg, Oregon is directly adjacent to Newberg Industrial Park I, which PNWP also owns and manages.
FRANKLIN BUSINESS PARK IV
20050 SW 112th Avenue
Tualatin, OR 97062
FRANKLIN BUSINESS PARK IV was purchased in 2Q24. Measuring approximately 60,405 square feet, this well-located Tualatin industrial corporate headquarters building located at 20050 SW 112th Ave. in Tualatin, Oregon is sandwiched between Franklin Business Parks I, II and III, all of which Pacific NW Properties developed and currently owns and operates.
KELSO I-5 WAREHOUSE
2680 Coweeman Park Drive
Kelso, WA 98626
KELSO I-5 WAREHOUSE was purchased in 2Q23. Measuring approximately 7,600 square feet with a large, paved and fenced yard, the building is located directly off of I-5 in the Kelso/Longview Washington market, directly adjacent to well-known corporate neighbors. This acquisition, coupled with the 55,000 square foot Ridgefield Industrial Park and the 33,000 square foot 112th NORTH Business Park, marks our third purchase in SW Washington since 2021.
RIDGEFIELD INDUSTRIAL PARK
601 S. 74th Place
Ridgefield, WA 98642
RIDGEFIELD INDUSTRIAL PARK was purchased in 4Q22. Measuring approximately 55,160 square feet, the property is situated in the master planned Union Ridge industrial park, and offers a rare opportunity for a distribution or manufacturing company to occupy as a single-tenant headquarters building, or it can be divided to 26,000 square feet to accommodate multiple businesses. With Ridgefield’s proximity and easy access to I-5, business friendly environment, heavy investment in infrastructure, new housing, and high-quality corporate neighbors, we knew this was the next logical community and location to invest in for the future.