Communications Test Design, Inc. (CTDI), represented by Gary P. Randles, senior director in the Portland office of real estate services firm Cushman & Wakefield, Inc., has expanded and relocated its metro Portland, Oregon operation. CTDI, a West Chester, Pa.-based global engineering repair and logistics company serving the communications industry, signed an industrial lease for 124,000 square feet at 22657 NE Townsend Way in Fairview, Ore. It will utilize the site for its regional administration, distribution and technical services operations.
The signing represents a full-building lease of the single-story facility, owned by CPF Townsend LLC. The location at 22657 NE Townsend Way provides direct access to I-84 and is situated near both Portland International Airport and the Port of Portland.
Cushman & Wakefield's industrial brokerage platform provides global resources and local expertise for tenant and landlord representation, disposition and acquisition services, transaction management, and industrial consulting including labor and demographic analysis. In 2011, in the U.S. alone, this group completed more than 6,100 industrial real estate transactions - totaling 225 million square feet - with an aggregate value in excess of $6.5 billion.