Durham Industrial Park

Loan Amount

$4,355,000

Lender

Correspondent Life Company

Loan Type

Acquisition Financing

Industrial Park on Durham is an incubator industrial park. It consists of 8 buildings, with 7 buildings around the perimeter and one in the center of a circular drive. Mature landscaping enhances the 2.41 acre business park setting. All buildings except one are steel-frame, metal clad construction, with decorative brick wainscot fronts. The property has excellent exposure, with more than 24,000 vehicles passing by daily on Durham Road. The park’s location provides easy access to Interstate 5 (I-5) with two interchanges within a mile and Interstate 205 (I-205) within 3 miles. This allows for easy access north to Highway 217, Portland’s Central Business District, Portland International Airport, and Interstate 84, and south to Wilsonville, Salem and the Willamette Valley.