Padden Commerce Park

JLL is pleased to present the opportunity to purchase the fee simple interest in Padden Commerce Park (the “Property”), a ±406,447 square foot multi-tenant business park offering light industrial, office, and retail space located in Vancouver, WA, Portland's fastest growing suburb. The Property is comprised of 25 buildings on 23 tax parcels and is currently 91.4% leased to a diverse tenant base with 3.28 years WALT remaining. The Property presents a compelling opportunity to own a critical mass of multi-use product in a growing submarket. With rents 19.8% below market, the Property offers investors the ability to add immediate and material value as vacant spaces are leased and below-market tenants are rolled to market.