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

Speculative industrial development project breaking ground mid-2025 in Forest Grove.

Space Size199,543 SF - 241,023 SF
Property Size658,648 SF
Days on Market692

Property Features for 600 Elm Street

General Information

Standard status Active
Size 199,543 SF - 241,023 SF
Class A
Total Parking Spaces 576
Property subtype Industrial

Building Details

Building Size 658,648 SF
Year Built 2025
Tenancy Multiple

Spaces For Lease

at 600 Elm Street Contact us

Building 1

Size
218,082 SF
Type
Industrial
Availability
Active
Contact us

Building 2

Size
199,543 SF
Type
Industrial
Availability
Active
Contact us

Building 3

Size
241,023 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Macadam Forbes
Listed By: Rhys Konrad · License #OR 201205396
Source: Crexi
Added: Oct 10, 2024 Changed: Aug 31 Last Checked: Sep 1 at 2:07AM

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.

A speculative development project on the westside, provided by AltaBird Investments, is planned to break ground mid-2025. This development will consist of three buildings, totaling nearly 660,000 square feet of new Class A industrial space. The project is designed to accommodate a variety of end users, and each building can be demised. Located in Forest Grove, Oregon, the area offers a pro-business environment with power rates that are 11.5% less than adjacent urban areas. Forest Grove is recognized as one of Oregon's fastest-growing communities and provides access to a highly skilled workforce within a 10-mile radius, along with access to schools and affordable housing.

Key Highlights

  • New Class A industrial development project by AltaBird Investments.
  • Nearly 660,000 SF across three buildings, with potential for division.
  • Located in Forest Grove, a pro‑business environment with lower power rates (11.5% less).

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

53
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Speculative industrial development project breaking ground mid-2025 in Forest Grove.
Where is this specialty property located?
The property is located at 600 Elm Street Forest Grove, OR.
What are key features of this property?
This property features: New Class A industrial development project by AltaBird Investments.; Nearly 660,000 SF across three buildings, with potential for division.; Located in Forest Grove, a pro‑business environment with lower power rates (11.5% less).
(503) 227-2500 Call to check price and availability
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