{"id":1004772511,"date":"2025-09-24T02:54:44","date_gmt":"2025-09-24T10:54:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004772511"},"modified":"2025-09-24T02:54:46","modified_gmt":"2025-09-24T10:54:46","slug":"trammell-crow-affinius-kick-off-800-ksf-portland-area-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/trammell-crow-affinius-kick-off-800-ksf-portland-area-project\/","title":{"rendered":"Trammell Crow, Affinius Kick Off 800 KSF Portland-Area Project"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a096a426bdb0&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004772512\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-affinius-kick-off-800-ksf-portland-area-project\/tcc-affinius-canby-industrial\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"TCC-Affinius-Canby-Industrial\" data-image-description=\"&lt;p&gt;Image provided by Trammell Crow Co. as part of the press release posted on their website: https:\/\/www.trammellcrow.com\/newsroom\/tcc-and-affinius-capital-break-ground-on-788-sf-sequoia-logistics-center&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;This warehouse will be the only property with a clear height of 40 feet available for lease on Portland\u2019s Oregon submarkets. Image courtesy of Trammell Crow Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg\" alt=\"Exterior rendering depicting the completed warehouse project by Trammell Crow Co. and Affinius Capital in Canby, Ore.\" class=\"wp-image-1004772512\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/TCC-Affinius-Canby-Industrial.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">This warehouse will be the only property with a clear height of 40 feet available for lease on Portland\u2019s Oregon submarkets. <em>Image courtesy of Trammell Crow Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Trammell Crow Co. and Affinius\u00a0Capital have kicked off construction on Sequoia Logistics Center, a speculative industrial project spanning 788,720 square feet in Canby, Ore. The Class A development is slated for completion in January 2027.<\/p>\n\n\n\n<p>Perlo Construction serves as the general contractor for the Mackenzie-designed project. KBC Advisors and Kidder Mathews will market the development for lease.<\/p>\n\n\n\n<p>Sequoia Logistics Centers will feature a clear height of 40 feet, being the sole such property available for lease on the Oregon side of Portland\u2019s market. Additional specifications will include 4,000 amps of power capacity, 143 dock doors, as well as 224 trailer and 798 auto parking spaces.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-metros-for-industrial-deliveries-h1-2025\/\">Top 5 Metros for Industrial Deliveries in H1 2025<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Located at the intersection of South Township Road and Sequoia Parkway, the construction site is about 21 miles south of downtown Portland. Aurora State Airport operates some 7 miles away, while Interstate 5 runs within roughly 8 miles.<\/p>\n\n\n\n<p>Canby\u2019s industrial area provides superior thoroughfare access and development readiness, according to a company statement. Trammell Crow\u2019s projects in the area go beyond its recent construction start. Five years ago, it completed a 514,500 build-to-suit project for a beverage distributor.<\/p>\n\n\n\n<p>TCC has developed or acquired 3,000 properties valued at $90 billion, spanning more than 700 million square feet. It also partnered with Affinius Capital on some of those, such as a 484,000-square-foot industrial park in Aston, Pa., dubbed Springbrooke Trade Center.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-portland-s-tight-industrial-market\">Portland&#8217;s tight industrial market<\/h2>\n\n\n\n<p>Greater Portland had more than 1.3 million square feet of industrial space underway as of July, accounting for 0.6 percent of stock, significantly below the national average of 1.7 percent, according to the latest <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/File\/7789-MatrixIndustrialReport-August2025\" target=\"_blank\" rel=\"noreferrer noopener\">Yardi Matrix report<\/a>.<\/p>\n\n\n\n<p>The market\u2019s average industrial rent grew 5.7 percent, clocking in at $10.40 in July, above the national average of $8.63, the report shows. With limited supply, Portland\u2019s vacancy stood at 7.0 percent, also outperforming the U.S. average, which landed at 9.1 percent.<\/p>\n\n\n\n<p>In terms of <a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\">industrial deliveries<\/a>, TCC broke a record earlier this year when it partnered with Diamond Realty Investments to complete the <a href=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-delivers-northwests-largest-industrial-facility\/\">largest speculative industrial facility in the Pacific Northwest<\/a>, a nearly 1.2 million-square-foot warehouse in Kelso, Wash., about 50 miles from Portland.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Completion of the speculative logistics center is slated for 2027.<\/p>\n","protected":false},"author":3471,"featured_media":1004772512,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,28440,15],"tags":[52016,38613,35042],"class_list":["post-1004772511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-portland","category-west","tag-affinius-capital","tag-perlo-construction","tag-trammell-crow"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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