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New Class A Industrial Development
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600 Elm Street Forest, Forest Grove, OR 97116

New Class A industrial development project breaking ground mid-2025.

Space Size199,543 SF - 241,023 SF
Property Size658,648 SF
Lot Size38.60 Acres
Days on Market206

Property Features for 600 Elm Street Forest

General Information

Standard status Active
Size 199,543 SF - 241,023 SF
Lot size 38.60 Acres
Property subtype Industrial
Zoning Business Industrial Park (BIP)

Building Details

Building Size 658,648 SF

Spaces For Lease

at 600 Elm Street Forest Contact us

Building 1

Size
218,082 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Building 2

Size
199,543 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Building 3

Size
241,023 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Macadam Forbes
Listed By: Joe Curran · License #OR #200812036
Source: Macadamforbes
Added: Jan 27 Changed: Aug 19 Last Checked: Aug 21 at 5:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes

Investment Insights

Based on property information with market context.

This is a speculative development project on the westside, provided by AltaBird Investments. The development consists of three buildings, totaling nearly 660,000 square feet of new Class A industrial space, and is slated to break ground mid-2025. The project, situated on 38.6 acres, can accommodate a variety of end users, and each building can be demised. The buildings feature 32' clear height and 3,000 amps of power per building. The property offers functional clear height and staging, flexible lease configurations, and modern construction and functionality. Located in Forest Grove, a pro-business environment, the area boasts power rates that are 11.5% less than adjacent urban areas. Forest Grove is also one of Oregon's fastest-growing communities, with access to a highly skilled workforce within 10 miles, along with access to schools and affordable housing. The total area of the development is 658,648 square feet.

Key Highlights

  • Nearly 660,000 SF of new Class A industrial space.
  • Located in Forest Grove, a low‑cost, pro‑business environment with lower power rates.
  • Flexible lease configurations and ability to demise each building.

Property Analytics

Current Use

Specialty properties

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 97116, OR

29,351
Population
10,229
Households
2.9
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
82.1 sq mi
ZIP Area
358
Density / Sq Mi
$87,308
Median Household Income
$42,330
Median Earnings
$1,397
Median Rent
$479,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Specialty property - New Class A industrial development project breaking ground mid-2025.
Where is this specialty property located?
The property is located at 600 Elm Street Forest Forest Grove, OR.
What are key features of this property?
This property features: Nearly 660,000 SF of new Class A industrial space.; Located in Forest Grove, a low‑cost, pro‑business environment with lower power rates.; Flexible lease configurations and ability to demise each building.
More about this property
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