WILLAMETTE FALLS REDEVELOPMENT SITE

• CB Richard Ellis, Inc. is exclusively offering for sale the Willamette Falls Redevelopment Site, formerly the Blue Heron Paper Company, located at 419/427 Main Street in Oregon City, Oregon. This is a truly historic and iconic 23.16 acre site in the heart of the Portland Metropolitan Area immediately off Interstate 205. This is a unique opportunity to acquire a significant development site on the Willamette River with spectacular views of the Willamette Falls.

Some of the highlights of the Willamette Falls Redevelopment Site include:

• One of the most unique redevelopment opportunities in the Western United States due to its history and spectacular visual amenities

• Strategically located in Oregon City, which is part of the Clackamas County in Portland's broader Southeast Submarket

• Immediately accessed off of I-205, with close proximity to Interstates 84 and 5, Highways 213 and 43, Portland International Airport, rail service and light rail

• Excellent location on riverfront of Willamette Falls, the largest waterfall in the Pacific Northwest and the 2nd largest waterfall in the United States

• Potential for rezoning to Mixed Use Development (MUD) with active City involvement in the Site's reuse and redevelopment

• Possible historic significance and potential to be a Greater Portland tourist attraction

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