- 2225 NE Elrod is a single-tenant asset that is part of our larger Pacific Northwest Portfolio and is one of four high-quality industrial assets with 100% occupancy by three national/investment-grade tenants.
- 2225 NE Elrod is currently occupied by Bimbo Bakeries, which is a leader in the industrial baking industry.
- This property has the potential to lower cost basis through near-term spinoffs while offering excess land with future monetization potential.
- As a supply-constrained market with growing distribution hubs, 2225 NE Elrod offers a strong outlook for long-term rent growth.
- Revenue growth can be further driven through negotiated lease extensions, making this an attractive investment opportunity.
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2225 NE Elrod
2225 NE Elrod Dr., Portland, OR 97211
About
Property Type
Industrial
SF/Acres
71,720
Submarket
Year Built/Renovated
2013
CBSA/Submarket
Tenant Highlights
Bimbo Bakeries
2225 NE Elrod Dr., Portland, OR 97211
2225 NE Elrod is a single-tenant asset that is part of our larger Pacific Northwest Portfolio.
Interested in leasing space at this property?
2225 NE Elrod