KGIP was hired in March of 2018 to transform the single-tenant facility into a multi-tenant food manufacturing and distribution hub.
The FCC Portfolio consists of five industrial buildings in Clackamas near the intersection of I-205 and Highway 212.
Safeway sold the site in 2017 as a sale-leaseback and remains a tenant manufacturing dairy products for distribution to their grocery stores.
Initially, 12.7% occupied, the campus achieved 90% occupancy in 12 months. The KGIP team was tasked with rehabilitating the facility which had been vacant for over 18 months, converting the central building systems for multi-tenant NNN occupancy, devising a structure for delivering refrigeration to multiple tenants from a centralized system and recovering the expense, and oversight of capital improvements including new roofing, extensive plumbing, and sewer repairs, installation of new customer-owned transformer and switchgear, and re-painting the entire facility including original buildings (1956) which had previously never been painted.
KGIP also supported the property owner through hazardous materials remediation and major tenant improvement projects including site-wide design review and worked with local municipalities to assure that expedient tenant occupancy could be achieved.
KGIP continues to manage this campus and in addition to traditional property management functions, also provides oversight and management of multiple government regulatory requirements and permits pertaining to the stormwater and refrigeration systems.
The FCC Portfolio consists of five industrial buildings in Clackamas near the intersection of I-205 and Highway 212. The fully secure 56-acre former Safeway distribution center contains 916,074 total sf of which 347,590 sf is refrigerated and 135,074 sf is a sub-zero freezer with clear heights ranging from 16 to 60 feet.
The KGIP team took this property from 12.7% occupancy to 90% occupancy in 12 months, transforming it into a fully functional multi-tenant facility.