The Pickle Factory presents an exceptional opportunity as either a leased investment or a redevelopment project, featuring a strong anchor tenant, immediate access to I-5, and a prime location in the heart of Portland’s industrial hub.
The property comprises five buildings totaling ± 131,472 SF* on ± 5.34 acres of Heavy Industrial-zoned land. The current ownership has undertaken extensive improvements, including new roofs, upgraded windows, electrical and power enhancements, and specific tenant upgrades. Additionally, an assignable Prospective Purchaser Agreement (PPA)** has been executed, shielding future owners from environmental remediation responsibilities.
Glass to Glass, part of Owens-Illinois (O-I) Glass, is the anchor tenant of the five building campus. They occupy ± 47,290 SF of the ± 53,873 SF building with remaining lease term in place. Building B1, spanning ± 60,275 SF, features leased maker and creative spaces and serves as a venue for large events, generating additional income. The campus also includes:
• ± 5,981 SF of two-level office space
• ± 2,113 SF flex building
• ± 9,230 SF warehouse with grade-level loading
With its diverse income streams and truly one-of-a-kind character, The Pickle Factory offers a rare and highly versatile asset in Portland’s industrial market.
*Building sizes to be confirmed by Buyer’s architect. **Buyer to perform own Due Diligence on PPA.