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Sale of Large Oregon Logistics Center Offers Jolt to Market

LBA's Deal for Portland Complex Boosts Activity, Which Lagged Year-Earlier Numbers
LBA Realty acquired 7409 Leadbetter Road from Clarion Partners as part of a four-building portfolio in Portland’s desirable Rivergate industrial cluster. (CoStar)
LBA Realty acquired 7409 Leadbetter Road from Clarion Partners as part of a four-building portfolio in Portland’s desirable Rivergate industrial cluster. (CoStar)
CoStar News
August 8, 2022 | 8:59 P.M.

A nearly 600,000-square-foot Portland warehouse portfolio has been sold, the area’s largest package of industrial properties to trade in a year that has seen sales volume come up short of year-earlier numbers.

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