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Jewett-Cameron Lists 11.6 acre Property for Sale

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Jewett-Cameron Trading Company (NASDAQ: JCTCF) has listed its 11.6-acre industrial property in Hillsboro, Oregon, for sale and lease. The property, formerly used for seed processing and storage, features approximately 109,500 square feet of building space. It's being marketed through Macadam Forbes Commercial Real Estate Services with an undisclosed asking sale price and a monthly lease rate of $40,000 (triple net).

The site is zoned 'Rural Industrial' (RIND) in Washington County, allowing various uses including contractor's yards, telecom facilities, and special recreation. Jewett-Cameron is exploring potential rezoning to expand permitted uses. The property is also within the study area for North Plains' Urban Growth Boundary expansion, highlighting its strategic location for future development.

La Jewett-Cameron Trading Company (NASDAQ: JCTCF) ha messo in vendita e in affitto il suo immobile industriale di 11,6 acri a Hillsboro, Oregon. La proprietà, utilizzata in passato per la lavorazione e lo stoccaggio dei semi, offre circa 109.500 piedi quadrati di spazio costruito. È commercializzata tramite Macadam Forbes Commercial Real Estate Services con un prezzo di vendita non divulgato e un canone mensile di affitto di 40.000 dollari (triplo netto).

Il sito è classificato come 'Rurale Industriale' (RIND) nella Contea di Washington, consentendo vari utilizzi come i piazzali per appaltatori, le strutture per telecomunicazioni e attività ricreative speciali. Jewett-Cameron sta valutando un possibile cambio di zonizzazione per ampliare gli usi consentiti. La proprietà è anche all'interno dell'area di studio per l'espansione del confine di crescita urbana di North Plains, evidenziando la sua posizione strategica per futuri sviluppi.

La Jewett-Cameron Trading Company (NASDAQ: JCTCF) ha puesto a la venta y alquiler su propiedad industrial de 11.6 acres en Hillsboro, Oregón. La propiedad, que anteriormente se usaba para el procesamiento y almacenamiento de semillas, cuenta con aproximadamente 109,500 pies cuadrados de espacio de construcción. Está siendo comercializada a través de Macadam Forbes Commercial Real Estate Services con un precio de venta no divulgado y una tasa de alquiler mensual de 40,000 dólares (triple neto).

El sitio está clasificado como 'Industrial Rural' (RIND) en el Condado de Washington, permitiendo varios usos como patios de contratistas, instalaciones de telecomunicaciones y recreación especial. Jewett-Cameron está explorando una posible reclasificación para expandir los usos permitidos. La propiedad también se encuentra dentro del área de estudio para la expansión del límite de crecimiento urbano de North Plains, destacando su ubicación estratégica para desarrollos futuros.

Jewett-Cameron Trading Company (NASDAQ: JCTCF)는 오리건주 힐스보로에 있는 11.6에이커 산업 부동산을 매매 및 임대합니다. 이 부동산은 과거에 종자 가공 및 저장소로 사용되었으며, 약 109,500 제곱피트의 건축 공간을 갖추고 있습니다. 매각가는 비공개로, 월 임대료는 40,000달러(트리플넷)로 설정되었습니다.

이 사이트는 워싱턴 카운티에서 '농촌 산업' (RIND)으로 구역이 지정되어 있어 계약자 야드, 통신 시설 및 특별 레크리에이션 등 다양한 용도로 사용될 수 있습니다. Jewett-Cameron은 허용된 용도를 확장하기 위한 잠재적 구역 변경을 검토하고 있습니다. 이 부동산은 또한 노스플레인즈의 도시 성장 경계 확장을 위한 연구 지역 내에 위치해 있어, 미래 개발을 위한 전략적인 위치를 강조하고 있습니다.

La Jewett-Cameron Trading Company (NASDAQ: JCTCF) a mis en vente et en location sa propriété industrielle de 11,6 acres à Hillsboro, Oregon. Propriété auparavant utilisée pour le traitement et le stockage des semences, elle dispose d'environ 109 500 pieds carrés d'espace de construction. Elle est commercialisée par le biais de Macadam Forbes Commercial Real Estate Services avec un prix de vente non divulgué et un loyer mensuel de 40 000 dollars (net net).

Le site est classé en tant qu'« industriel rural » (RIND) dans le comté de Washington, permettant diverses utilisations telles que les terrains de contracteurs, les installations de télécommunications et les activités récréatives spéciales. Jewett-Cameron envisage une éventuelle re-zonage pour élargir les usages autorisés. La propriété se trouve également dans la zone d'étude pour l'expansion de la limite de croissance urbaine de North Plains, mettant en avant sa position stratégique pour un développement futur.

Die Jewett-Cameron Trading Company (NASDAQ: JCTCF) hat ihr 11,6 Hektar großes Industriegrundstück in Hillsboro, Oregon, zum Verkauf und zur Vermietung angeboten. Die Immobilie, die zuvor für die Verarbeitung und Lagerung von Saatgut genutzt wurde, bietet etwa 109.500 Quadratfuß Gebäudefläche. Sie wird über Macadam Forbes Commercial Real Estate Services mit einem nicht veröffentlichten Verkaufspreis und einer monatlichen Mietrate von 40.000 US-Dollar (Triple Net) vermarktet.

Das Gelände ist in der Washington County als 'Ländliche Industrie' (RIND) zoniert, was verschiedene Nutzungen wie Vertragsbetriebe, Telekommunikationsanlagen und spezielle Freizeitmöglichkeiten ermöglicht. Jewett-Cameron prüft eine mögliche Umzonierung, um die zulässigen Nutzungen zu erweitern. Die Immobilie liegt zudem im Untersuchungsgebiet für die Erweiterung der städtischen Wachstumsgrenze von North Plains und hebt ihre strategische Lage für zukünftige Entwicklungen hervor.

Positive
  • Strategic location with excellent access and visibility off Highway 26
  • Large 11.6-acre industrial property with 109,500 square feet of building space
  • Flexible zoning allows for various industrial uses
  • Potential for rezoning to expand permitted uses
  • Located within North Plains' Urban Growth Boundary expansion study area
Negative
  • Undisclosed asking sale price may indicate uncertainty in property valuation
  • Specialized seed industry building may limit potential buyers or require renovation
  • Rezoning efforts and UGB expansion are ongoing and not yet adopted, introducing uncertainty

NORTH PLAINS, Ore., July 31, 2024 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) listed their 11.6 acre property at 31345 NW Beach Rd, Hillsboro, OR  97124, for sale on July 29, 2024.  The property is a corner lot industrial property with excellent access, visibility and frontage located immediately off the Glencoe exit on Highway 26.

The property is being listed for sale and also for lease through Macadam Forbes Commercial Real Estate Services. The asking sale price is undisclosed while the asking lease rate is $40,000 per month, triple net.

The property is the former location of Jewett-Cameron Seed Company and has historically been used for seed processing and storage. The combined size of the buildings is approximately 109,500 square feet. One of the buildings is specialized for the seed industry, while most are metal warehouse buildings with power, allowing a wide array of possible uses. The rural industrial zoning designation within Washington County allows for use of the existing property, or development of the site, as approved by the County. Allowable uses under a Type I, II, or III procedure at the County level include but are not limited to: Contractor's yard, telecom facilities, forest products, lumber/sawmill, materials uses such as concrete and asphalt, and special recreation.

The property is currently zoned "Rural Industrial" (RIND) in Washington County. The Company is exploring the potential to re-zone the property, or revise the existing code, to expand the list of permitted uses. The property is also located within the study area for the contemplated expansion of the City of North Plains' Urban Growth Boundary (UGB). The expansion effort is ongoing and not yet adopted, but it demonstrates the property's role as a central site in North Plains' future development.

About Jewett-Cameron Trading Company Ltd.

Jewett-Cameron Trading Company is a holding company that, through its subsidiaries, operates out of facilities located in North Plains, Oregon. Jewett-Cameron Company's business consists of the manufacturing and distribution of patented and patent pending specialty metal and sustainable bag products, and wholesale distribution of wood products. The Company's brands include Lucky Dog®, for pet products; Adjust-A-Gate™, Fit-Right®, Perimeter Patrol®, Infinity Euro Fence, and Lifetime Post™ for gates and fencing; MyEcoWorld® for sustainable bag products; and Early Start, Spring Gardner™, Greenline®, and Weatherguard for greenhouses.  Additional information about the Company and its products can be found the Company's website at www.jewettcameron.com.

Contact: Chad Summers, President & CEO, (503) 647-0110

Broker contact Info:
Clayton Madey
Macadam Forbes, Inc.
2 Centerpointe Drive, Suite 500
Lake Oswego, OR 97035
Cell: (503) 896 6286
clayton@macadamforbes.com

Cision View original content:https://www.prnewswire.com/news-releases/jewett-cameron-lists-11-6-acre-property-for-sale-302211556.html

SOURCE Jewett-Cameron Trading Company Ltd.

FAQ

What is the size and location of the property Jewett-Cameron (JCTCF) is selling?

Jewett-Cameron (JCTCF) is selling an 11.6-acre property located at 31345 NW Beach Rd, Hillsboro, OR 97124. It's a corner lot industrial property situated immediately off the Glencoe exit on Highway 26.

What is the asking price for Jewett-Cameron's (JCTCF) property sale?

The asking sale price for Jewett-Cameron's (JCTCF) property is undisclosed. However, the asking lease rate is $40,000 per month, triple net.

What is the current zoning of Jewett-Cameron's (JCTCF) property for sale?

The property Jewett-Cameron (JCTCF) is selling is currently zoned 'Rural Industrial' (RIND) in Washington County, allowing for various industrial uses including contractor's yards, telecom facilities, and special recreation.

What potential future developments could affect Jewett-Cameron's (JCTCF) property value?

Jewett-Cameron's (JCTCF) property is within the study area for North Plains' Urban Growth Boundary expansion. The company is also exploring rezoning options to expand permitted uses, which could potentially increase the property's value.

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