As the DJC first reported last month, Portland investor
ScanlanKemperBard paid $24 million for the old 7-acre
Northwestern Industries glass manufacturing plant in Interbay. SKB s plan is to renovate the three buildings and repurpose them as a multitenant industrial campus. Now
JLL Capital Markets has announced that it secured $30.35 million for the acquisition and, apparently, some of the renovation work. The firm s
Tom Wilson and
Zach Kersten sourced the floating-rate bridge loan what JLL calls a national debt fund. (Public records indicate
Bridge Investment Group of Salt Lake City, Utah.) Kersten said in a statement, “We look forward to watching SKB transform this project into a best-in-class facility in a very attractive submarket for tenants.”