Canby, OR

TCC and Affinius Capital Break Ground on 788K-SF Sequoia Logistics Center south of Portland, OR

The project will be delivered by January 2027

September 22, 2025

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Ryan Salchert

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Trammell Crow Company (TCC), a leading commercial real estate developer, along with Affinius Capital, have broken ground on Sequoia Logistics Center, a 778,720-square-foot, Class-A, speculative logistics facility in Canby, Oregon, approximately 20 miles south of Portland. The project is expected to deliver by January 2027.

Located at the intersection of South Township Road and Sequoia Parkway, Sequoia Logistics Center will be the only 40-foot clear height warehouse available for lease on the Oregon side of the Portland market. It will also feature 4,000 amps of power capacity, 143 loading docks, 224 trailer spaces, and 798 auto parking spaces. The project’s thoughtful design ensures exceptional functionality, whether occupied by a single tenant or demised to multiple tenants, each with separate auto and truck access to its entrance.

“Canby’s industrial area offers a unique blend of strategic location, superior roadway access, and development readiness that makes it ideal for industrial growth,” said Kirk Olsen, a principal with TCC in Portland. “The parcel is large, level, rectangular, and has great soils—an uncommon mix of attributes for a favorable development. Our thoughtful site layout positions it to attract future users seeking operational efficiency and a scalable long-term solution.”

Affinius Capital Managing Director Nawder Alavi added, “Our partnership with Trammell Crow Company on the development of Sequoia Logistics Center reflects our shared commitment to designing and delivering assets to meet the demands of today’s most sophisticated logistics operators. The project’s strategic location in Canby, just minutes from I-5 and I-205, offers exceptional access to the Portland MSA and the broader Pacific Northwest.”

Project partners include Mackenzie (architect) and Perlo Construction (general contractor). Teams from KBC Advisors in Seattle and Kidder Mathews in Portland are marketing the project for lease.

"This major industrial development in Canby is more than a milestone - it's a defining moment for the Canby Pioneer Industrial Park,” said Jamie Stickel, Economic Development Director for the City of Canby. “Blending small town integrity with large-scale opportunity, it brings new energy to the local economy, creates pathways for innovation, and will provide opportunities for job creation.”

About Affinius Capital
Affinius Capital® is an integrated institutional real estate investment firm focused on value-creation and income generation. With a 40-year track record and $62 billion1 in gross assets under management, Affinius has a diversified portfolio across North America and Europe providing both equity and credit to its trusted partners and on behalf of its institutional clients globally. For more information, visit www.affiniuscapital.com.

Trammell Crow Company

Trammell Crow Company (TCC) is a leading commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired 3,000 buildings valued at $90 billion spanning more than 700 million square feet. As of March 31, 2026, TCC had nearly $30 billion of projects in process or its pipeline. With approximately 465 employees throughout the United States and Europe in 26 offices, the company serves users of and investors in office, industrial/logistics, healthcare, life science, data center, mixed-use, and multifamily projects through its residential subsidiary, High Street Residential. For more information visit www.TrammellCrow.com.