PDX Logistics Center adds tenants, new buildings
At nearly one-million square feet, the PDX Logistics Center will have a total of five state-of-the-art buildings; two of which are already fully leased to trade and logistics tenants. The project, located within the Port of Portland’s Portland International Center south of Northeast Airport Way, is being developed by locally-based Capstone Partners.
“PDX Logistics Center is in a prime location next to a major north/south Interstate (I-205), the Portland International Airport and other freight services,” said Chris Nelson, a principal at Capstone Partners. “The combination of infrastructure and resources that make up such a central distribution and logistics hub is desirable for a broad range of industrial tenants.”
Companies operating in the initial phase of the project include Gateway Express, a Singapore-based e-commerce company; specialty packaging company Ernest Packaging, and KeHe Distributors, a natural and organic foods distributor. A third building, which will add 355,000 square feet, is currently under construction and will be completed this summer.
“The ability of this region to have shovel-ready industrial land for existing and new-to-market traded sector companies that wish to expand or relocate to Portland is critical to the long-term economic health of our region,” said Nelson. “The Port is playing an important leadership role in making that possible.”
Portland International Center