Recent Cascade Commercial Tanscations

-Dal-Tile Corporation is the largest manufacturer of ceramic tile in the U.S. but they had been seeking a larger, more visible facility for their growing Portland operations. Todd was able to assist Dal-Tile Corporation in securing a 10 year lease on a 47,000 sf warehouse in northwest Portland that will be renovated to double their space and parking and create a unique “older industrial style ” look. “Todd was able to help us find and obtain what will be an excellent location with great visibility that will be a cool retro industrial facility for our Portland operations ” says Guy Boston the local manager for Dal- Tile Corporation.

-Batavia Holding accomplished a long term lease of 47 acres of indus- trial property on N.E. Fazio Way and Gertz road in the north transportation corridor of Interstate 5. Batavia constructed a large regional transportation facility for Federal Express Corporation.Todd represented the long term family ownership of the land in this unique and complex transaction. Because the owners did not want to sell, a rare long term ground lease had to be structured to meet stringent requirements for Federal Express and financing sources while also dealing with sensitive issues regarding sub-standard soils; wetlands and environmental concerns. Total Project Cost will exceed $25 million.

-OPUS Northwest, the local arm of one of the largest developers in the U.S. worked with Todd to accomplish a timely and market driven transaction for their development; Columbia Gorge Corporate Center near the Portland Airport. This property involved 29 acres of developable business park land and a 33,000 sf flex building. Todd was able to obtain as buyer, Weston Investment,one of Portland ’s largest and most financially capable investor/ddevelopers. This transaction, at OPUS asking price was closed
aggressively and successfully in 60 days.

-Premier Manufacturing produces couplings and other accessories for the light to heavy duty truck industry. There is not a major trucking company in the world that does not utilize Premier’s products. In business since 1924, Premier has contemplated for over a decade an expansion and consolidation of their southeast operations that was located in several buildings. After a full year market search, Todd and Cascade Commercial was able to provide the market knowledge necessary to secure a 56,000 sf facility in Tualatin Oregon that Premier closed on and moved into in 2007.

-Baxter’s Auto Parts is a northwest icon in the Auto Parts Distribution Business. In business, since 1936, Baxter’s now has 27 retail stores and a wholesale distribution business but has badly been in need of more space and a consolidated warehouse that they wanted to own. After surveying over 20 buildings throughout Oregon, Todd was able to locate a 150,000 sf distribution facility and negotiate a transaction on behalf of Baxter is in Hillsboro, Oregon with frontage and visibility on Hwy. 26.

-Alpine Foragers is a 15 year old growing Portland based food company. They sell specialty food items to hotels, restaurants and food purveyors all over the world. They have been in need of a larger more flexible distribution facility plus after years of leasing, the company founders wanted to own their facility. With a very tight acceptable geographical area that was based on daily trips to PDX, Cascade Commercial was able to located and negotiate on their behalf the purchase of a 25,000 sf building less than a mile from their previous location.

-Started in Portland 30 years ago Savoy Studios designs and fabricates glass art projects for architectural installations for hotels, restaurants, casi- nos and individuals all over the world. Their growth and success has been hampered by an older, inefficient and cramped production facility. After working with several brokers unsuccessfully for over 2 years, Todd was able to located in 3 months an excellent building in a great location that will greatly enhance Savoy’s ability to meet the needs of their growing client base. Savoy was able with Todd’s guidance and advice obtain a long term market driven lease with the ability to purchase the building which as exactly the deal structure Savoy desired.