Ares, Specht Claim Milwaukie, OR Industrial Facility for $49M

A joint venture between real estate funds managed by Ares Management, L.P. and an affiliate of Specht Development, Inc. purchased an industrial facility in Milwaukie, OR, for $48.5 million. The property is located on 62 acres at 6433 SE Lake Rd., in a submarket south of Portland. The site currently serves as a distribution center …

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Author: Dennis Kaiser

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Acquisition, Industrial, National News, Oregon News, West