Beaverton developer plans third phase of Sunset Highway Business Park on industrial land

The Portland metro area’s industrial market has shifted from cautious optimism to steady growth over the past 15 years, and Pacific NW Properties’ latest acquisition reflects that transformation. The Beaverton-based developer closed on 7.23 acres of industrial land in Hillsboro’s Sunset Corridor in the fourth quarter of 2025, ending a nearly decade-long acquisition process. The sales price has not yet been released. The site, located at the corner of Northeast Jacobson Street and Northwest Helvetia Road, will become Sunset Highway Business Park III, a multi-building light industrial development adjacent to the company’s existing phases I and II. The property changed hands from six long-term owners who

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