#USA #Portland #ScanlanKemperBard #RGA ReCap #Columbia River Collection

SKB and RGA's Strategic Investment in Portland's Industrial Sector

In a noteworthy move for the Portland, Oregon industrial real estate market, ScanlanKemperBard (SKB) has partnered with RGA ReCap Incorporated to acquire the Columbia River Collection. This strategic investment covers a massive 513,275-square-foot industrial space spread across eight buildings, located in the coveted Columbia River corridor of the Portland metro area.

Emphasizing Portland's Growth Potential

With this acquisition, SKB reinforces its belief in the long-term viability of Portland’s economy and the essential role industrial real estate plays in it. Todd Gooding, President of SKB, stated, "This is our home, and we continue to believe deeply in Portland over the long term." He pointed to the city's skilled workforce and its strategic positioning, which together create a unique environment for sustained economic growth. Furthermore, he expressed confidence that Portland will find a balance between development and community service.

Portland's industrial sector has recently witnessed a shift in investment dynamics. As institutional investors pull back, many local firms see this as an opening for targeted investments. Dixon Hinderaker, Vice President of Acquisitions at SKB, remarked on this opportunity, saying, "The pullback by institutional capital has created opportunities for disciplined local investors who remain committed to Portland and its long-term growth potential."

Characteristics of Columbia River Collection

The Columbia River Collection features a portfolio of well-positioned industrial assets designed to cater to tenants requiring spaces under 50,000 square feet. The collection is strategically located within one of Portland's most developed industrial corridors, benefiting from close proximity to essential transportation networks and employment hubs.

By focusing on the operational aspects of the property, SKB aims to create long-term value. Their investment strategy includes acquiring and revitalizing well-located properties that contribute positively to community and economic development.

About the Partners

ScanlanKemperBard (SKB)

SKB is a recognized leader in commercial real estate investment, development, and operations, with a specific focus on industrial, flex, office, and mixed-use properties. The firm prides itself on its roots in the Pacific Northwest and its commitment to enhancing community value through strategic real estate investments.

RGA ReCap Incorporated

RGA ReCap is a subsidiary of the Reinsurance Group of America (RGA), a global leader specializing in life and health reinsurance as well as financial solutions. RGA boasts impressive financial metrics, including approximately $4.3 trillion of life reinsurance in force as of September 30, 2025. As a dedicated investment manager, ReCap provides innovative strategies in commercial real estate to meet diverse client needs.

As SKB and RGA move forward with the Columbia River Collection, their actions reflect a broader confidence in Portland's economic framework and its industrial landscape. By harnessing local insights and expertise, they are poised to navigate the market's challenges and capitalize on its opportunities. For them, this acquisition isn’t just about real estate—it’s about investing in the future of Portland.