UPS And Cummins Swoop In On PDX Logistics Center

The second phase of the PDX Logistics Center is already full. UPS and Cummins moved on the space, joining Gateway Express, Ernest Packaging and KeHE Distributors in the sought-after industrial complex. The pair has leased a combined 355k SF, with UPS taking 235k SF and Cummins, new to the local market, grabbing 120k SF.

Phase 3 will bring another 250k SF to the market once completed next year. Perlo Construction is working on the remaining phase and handled the first two as well. Capstone Partners principal Chris Nelson told the Portland Business Journal the company would schedule a Phase 4 if there was any more land available. The PDX Logistics Center sits on land leased from the Port of Portland. [PBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Portland Newsletters
Related Stories

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

Blackstone Sells $1B Industrial Portfolio To Atlanta-Based Investor

Redevco Buys 560K SF Jaguar Land Rover Logistics Hub In UK IOS Push

Fined For Rotting Food At Burned LA Cold Storage Warehouse, Lineage Plans To Rebuild

Americold Abandons Automated Warehouse Partnership

Rexford Planning Up To $2B In Dispositions This Year

Industrial Consolidation Continues With European Giants Agreeing To $15B Merger

Blackstone's Industrial Arm Sells Revere Warehouse For $45M

Prologis To Buy Segro In One Of Industrial's Largest Mergers Ever

How Merritt Properties' New CEO Plans To Deploy $750M Investment

Prologis' $18B Third Bid For Segro Rejected

Brookfield, CPP To Pay $5.2B To Take 108-Property Industrial Firm Private