Trammell Crow Company Signs Full-Building Industrial Lease at Woodland Industrial Park in Southern Washington

Trammell Crow Company (TCC) has executed a full-building lease at Woodland Industrial Park, a two-building, 931,186-square-foot Class-A speculative industrial real estate development located in Woodland, Washington, approximately 22 miles from Portland, Oregon. Consolidated Supply Co., a fourth-generation, family-run plumbing and water works wholesale distributor, will occupy all 276,092 square feet of the park's East Building. The project is scheduled for delivery by fall 2026 and is now approximately 30% leased.

Deal Details: Warehouse Real Estate in the I-5 Corridor

Woodland Industrial Park is situated at 345 N. Pekin Road on a 66-acre site less than two miles from Interstate 5, the primary arterial highway connecting major West Coast cities. The development comprises two buildings: the East Building, which Consolidated Supply Co. will fully occupy, and a 655,094-square-foot cross-dock warehouse featuring a 40-foot clear height and 130 trailer parking stalls.

Mackenzie designed the project, and Sierra Construction is serving as general contractor. Capacity Commercial Group is marketing the development for sale and lease and represented TCC in lease negotiations. Consolidated Supply Co. was represented by Stu Peterson of Macadam Forbes.

Kirk Olsen, Principal with TCC in Portland, commented on the transaction: "We're excited to welcome Consolidated Supply Co. to Woodland Industrial Park, which underscores both the strength of this project and the continued demand for well-located, modern industrial space. This project offers the features companies are prioritizing today—efficient building design, strong access to regional transportation networks like I-5, and the flexibility to support long-term operational growth—making it an attractive solution for users looking to establish a lasting presence in the market."

About the Tenant: Consolidated Supply Co.

Founded in 1928 and headquartered in Tigard, Oregon, Consolidated Supply Co. is a wholesale distributor serving professional plumbers, utility contractors, and municipalities throughout the Pacific Northwest. The company has grown from its origins in Portland to 22 branch locations across Oregon, Washington, and Idaho, supported by a workforce of more than 500 employees. It also operates The Fixture Gallery, a series of decorative plumbing showrooms offering premium kitchen and bath products.

Karla Neupert Hockley, Chairman and CEO of Consolidated Supply Co., described the strategic rationale behind the new location: "Consolidated Supply Co. has a long history of investing in the region we serve, and this new location in Woodland reflects our continued commitment to the Pacific Northwest. Expanding our distribution footprint allows us to improve service levels, streamline logistics, and enhance the extraordinary service our customers expect from us."

Development Context

The East Building lease, representing the entirety of the park's current occupancy, was secured ahead of the project's fall 2026 delivery date. The park's proximity to Interstate 5 positions it as a logistics location serving the Portland metro and broader West Coast supply chain. The remaining West Building — a 655,094-square-foot cross-dock facility — continues to be marketed for lease and sale.