REDMOND, ORE. — A partnership between Portland, Ore.-based Ethos Development and San Diego-based Alpine Capital Investments has acquired Redmond Industrial Park, an industrial asset situated on 45 acres in Redmond. Terms of the transaction were not disclosed. The 200,000-square-foot property consist
“The sales price was undisclosed, but the asking price was $14 million.”
Ethos Development and Alpine Capital Investments acquired the 200,000-square-foot Redmond Industrial Park in Oregon. The property includes 26 acres of excess land with development potential.
This acquisition signals a strategic move into the industrial sector in Oregon, potentially indicating a trend towards acquiring properties with development potential in secondary markets.
Potential increase in interest rates
MediumConsider locking in current rates for financing and exploring alternative funding sources.
Development risk on excess land
HighConduct thorough feasibility studies and secure pre-leasing commitments before development.
Tenant concentration risk
LowDiversify tenant base and include clauses for tenant turnover in lease agreements.
The article reports on the acquisition of the 200,000-square-foot Redmond Industrial Park by Ethos Development and Alpine Capital Investments. The property is located on 45 acres in Redmond, Oregon, and includes four industrial buildings. It is fully leased to tenants like BasX Solutions and Old Dominion Freight Line. Additionally, there are 26 acres of excess land available for future development. The terms of the transaction were not disclosed, but the acquisition highlights the strategic interest in properties with development potential.
This source provides detailed information about the property's current leasing status and future development potential, which is crucial for understanding the strategic value of the acquisition.
The acquisition suggests a bullish outlook for industrial properties with development potential in secondary markets.
rebusinessonline.com
On April 2, 2026, Ethos Development and Alpine Capital Investments announced their acquisition of the Redmond Industrial Park in Oregon [rebusinessonline.com].
End of Intelligence Report · 2 Sources Verified