Lincoln Property, DRA Advisors Buy 299,000 SQFT Portland Industrial Portfolio for $45.25MM

The five-building portfolio, marketed by JLL as fully leased Class B distribution space with a 3.8-year weighted average lease term, changed hands as Kidder Mathews reported Portland industrial availability at a record 11.9 percent. Lincoln Property Company and DRA Advisors have paid $45.25 million for a fully leased, five-building Portland industrial portfolio in established infill […]