New industrial development breaks ground in Sherwood
Phelan Development, based in Newport Beach, California, has started construction on three industrial buildings, totaling 235,875 square feet on a nearly 12-acre site.
The site is on the north side of Tualatin Sherwood Road between S.W. Cipole Road and S.W. Wildrose Place.
"Our company selected Sherwood because of its prime location within the Greater Portland's I-5 Southwest Business Corridor; its available talented workforce; strong market demand; and its business-friendly environment," said Kyle Bertelson, who recently joined Phelan Development as their local Partner.
Construction is expected to be completed by next summer.
Each building will be offered for lease or for sale.
Sherwood Mayor Keith Mays added, "The City of Sherwood is excited that Phelan has selected our community for this new industrial park, which will help Sherwood to attract additional family-wage jobs and continue our city's strong focus on economic development."