ScanlanKemperBard (SKB) has announced the acquisition of 2515–2517 SE Mailwell Drive, an industrial property situated on 6.7 acres of land in the Milwaukie Industrial Submarket of Portland, Ore. The Mailwell property is well connected to Portland's Eastside, and located just off Oregon Route 99E, a major thoroughfare for the Portland metropolitan area.
SKB intends to implement a capital improvement program which will address deferred maintenance and improve overall functionality and marketability. In addition, SKB will embark on a rebranding effort to reintroduce the property to potential industrial and manufacturing tenants.
Todd Gooding, SKB president, said, "Mailwell is the seventh industrial investment in our portfolio. This acquisition continues SKB's longstanding tradition of seeking out and investing in urban industrial assets, which cater to manufacturing tenants focused on advanced tech, food, life science and sports apparel."
