Large Industrial-Zoned Property In Oregon On The Market

9 May, 2005, Portland, OR

Acreage in Albany hopes to follow in the development footsteps of Target and Lowe's

Cushman & Wakefield announced today they have been retained to market a large, privately-owned property in Albany, Oregon. The property is comprised of 193 acres of land adjacent to the SP rail line and Highway 99, and approximately two miles from I-5.

"It's fair to say this is the largest contiguous industrial zoned site along the I-5 corridor from Washington down to California," says Paul Carlson, Director at Cushman & Wakefield. Carlson and Mark McClung of Cushman & Wakefield represent the land owners.

Albany has made real estate news frequently in the past few years. Target Stores built a huge regional distribution center in Albany across the highway from the property. More recently, Lowe's announced their intentions to build a 1,358,103 square foot Regional Distribution Center in nearby Lebanon, Oregon.

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Cushman & Wakefield is the world's largest privately held real estate services firm. Founded in 1917, the firm has 175 offices in 50 countries around the globe, and 11,000+ talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133.

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