Gresham Vista East Business Park — Sale in Gresham, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Gresham, OR 97030
  • Size: 836,366 SF

Photos

Gresham Vista East Business Park — Sale in Gresham, OR, photo 1 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 2 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 3 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 4 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 5 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 6 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 7 of 8
Gresham Vista East Business Park — Sale in Gresham, OR, photo 8 of 8

Description

JLL Industrial Capital Markets is pleased to present the opportunity to acquire the fee-simple interest in Gresham Vista East Business Park, the “Property” or “Gresham Vista East” – a Class A distribution facility totaling 836,366 square feet in Gresham, Oregon. Originally a build-to-suit for Subaru of America, Gresham Vista East currently serves as Subaru’s west coast master automobile parts distribution center. The Property benefits from its location just South of Troutdale Airport (KTTD) and proximity to I-84 in just 1.5 miles, offering direct connectivity to Portland International Airport (PDX) and the region’s major transportation networks. Built in 2016 at just over 600K SF, Subaru strategically expanded the facility in 2020 with an additional 236K SF. The facility features state-of-the-art finishes with 32’ - 35’ clear height, instant motion-sensor LED lighting, 168 dock doors, 3,000 amps of power, and a fitness room and locker room. The Property is 100% leased to Subaru of America with 3.6 years of weighted average lease term, featuring significantly below market rents. The Property’s scale is an extremely rare offering in the Portland MSA with limited big-box availabilities over 500K SF, securing Gresham Vista East as an ideally located, Class A, big-box facility at a discount to replacement cost - supporting future rent growth and higher renewal probabilities. The facility’s location in the NE Columbia Corridor benefits from the enterprise zone’s tax advantages, strong rent growth over the last 10 years, averaging 5.5%, and low total vacancy over the same time period, averaging just 5.3%. Gresham Vista East Business Park represents an exceptionally rare opportunity of scale to acquire a state-of-the-art, 100% leased distribution center with short-term WALT and significant mark-to-market upside in just over 3 years. The Property’s institutional-quality features, ideal airport-adjacent location, and substantial population base secures Gresham Vista East as

Market Context

This industrial in Gresham, OR is listed for sale across 836,366 SF. Compare it against other industrial listings for sale in Gresham, OR — view the full market.

As of Q2 2026, the Portland industrial market showed a 7.8% vacancy rate, and average asking rents near $10.56/SF/yr. Source: multiple brokerage reports, Q2 2026.

Industrial market FAQ

Is the Portland industrial market tightening or softening?
Vacancy is around 7.8% (Q2 2026).

Contact

Explore this market

Similar Industrial Property for Sale in Oregon