Property in Longview, WA acquired by regional firm, Cascade Civil Development Cushman & Wakefield also retained for Project Leasing and Disposition for new planned development
(Editor’s Note: The sales price was $4.9 million, according to a report from the Portland Business Journal.)
LONGVIEW, Wash. – September 26, 2023 – Cushman & Wakefield has arranged the sale of a ±150-acre industrial land development site in Longview, Washington, near the Port of Longview, located on the Interstate 5 corridor about an hour north of Portland and two hours south of Seattle. The buyer was Cascade Civil Development, an Oregon-based civil construction company specializing in habitat restoration, structural concrete, grading, and construction management services. The seller was Weyerhaeuser.
Cushman & Wakefield’s Aaron Watt, Keegan Clay and Michael Flynn represented both buyer and seller in the transaction. The trio was also retained by Cascade Civil Development to handle leasing and disposition services for the planned future development.
While official plans for the site have not been announced, the buyer has all permits in place for mass grading to bring the site to shovel ready condition. The property has the capability to deliver nearly ±2 million square feet of new industrial product. The site is rail-served with high-capacity utility infrastructure, situated near the Port of Longview and proximate to Portland International Airport.
“This was a very desirable opportunity to acquire an abundant sized piece of land suitable for a large-scale industrial development. With an advantageous location between Portland and Seattle plus proximity to Boise and Northern California, Longview supports easy connections to several major market metros,” said Executive Managing Director Aaron Watt. “Longview also provides a business-friendly environment while the location is also surrounded by many prominent industrial companies as well as retail amenities.”
Longview is the largest city in Cowlitz County with a population of approximately 35,000.
