Our Team

Contact Us

Our Instagram

pacificcrestrealestateadvisors

Oysters and (rosemary pecorino) French Fries on a

Oysters and (rosemary pecorino) French Fries on a Wednesday night in Oregon Wine Country #magichappens #liveworkplayYamhillCounty

Idling at the intersection of wine and art.

Idling at the intersection of wine and art.

Have you seen these? We were gifted this Mac Bucks

Have you seen these? We were gifted this Mac Bucks and I knew instantly where I wanted to spend it! And so did Philip. We of course both got our way one used the Mac Bucks one used our own money. Either way spent our money locally! We have found these Mac Bucks make great Thank You gifts. I’m excited to give a gift that can be used at many different places in Mac and support our local small businesses. Mac Bucks can be used at about 50 locations! ❤️Buy your Mac Bucks cards @macdowntown

Deep winter in Oregon Wine County

Deep winter in Oregon Wine County

#buylocal It matters! Behind every small business

#buylocal It matters!
Behind every small business is a LOCAL family, our literal neighbors. #yamhillcounty 💚🎄🇺🇸

Fun day out with @traveldundee in the #redhillsofd

Fun day out with @traveldundee in the #redhillsofdundee 🚴‍♂️

Just something about working and living in Yamhill

Just something about working and living in Yamhill County 💚 #glutenfree

Late lunch @macmkt @heartandseoulfood but very muc

Late lunch @macmkt @heartandseoulfood but very much worth waiting for 🍳🍲 (& #glutenfree)

Newberg, OR – Commercial Development Company, In

Newberg, OR – Commercial Development Company, Inc. (CDC) today announced acquisition of a retired paper manufacturing plant in Newberg, Oregon. The site was acquired by CDC affiliate Newberg OR LLC. The transaction included the acquisition of real estate assets and a corporate indemnification for legacy environmental liabilities associated with the site. CDC affiliate Environmental Liability Transfer, Inc. (ELT) facilitated the transfer of environmental liabilities. CDC and affiliates will now oversee the sale of equipment and demolition of the buildings.
CDC will now look to reposition the site to take advantage of the site’s development potential, which includes 120 acres of industrial/mixed land, four acres of multi-family land, and 1.5 acres of commercial land located in an Opportunity Zone and Enterprise Zone.

“We are excited to expand our redevelopment efforts into the greater Portland area” said Adam Kovacs, Executive Vice President at Commercial Development Company, Inc.,

CDC is currently evaluating all development options and will be meeting with local economic leaders to find end users who could benefit from the large amount of land available and prime location. Additionally, the site has heavy power, easy proximity to the I-5 transportation corridor, and potential for both rail access and significant water rights.
“This site represents a tremendous opportunity for not only Newberg and Yamhill County but the surrounding region to create jobs now and well into the future. Newberg is perfectly positioned between Portland and Salem,” said Philip Higgins, Principal Broker at Pacific Crest Real Estate Advisors. “Large format 100-plus acre industrial sites are a rarity in our land-constrained market, and this brownfield redevelopment will be a meaningful win for our local and regional economy. I’m excited to be working with CDC/ELT, with their long history of successful and transformative projects and their commitment to redeveloping brownfields into productive economic centers for communities across the US. ”

Load More... Follow on Instagram

Be the First to Know

Sign up to get exclusive previews of properties coming to the market.