JLL Markets 285.5 Acre McMinnville Campus in Willamette Valley Wine Region
Unique Real Estate Offering Includes the Evergreen Space Museum Building, Wings & Waves Waterpark, Established Vineyard / Farmland, The Lodge Event Venue, and a Fully-Entitled Hotel Development Site
Portland, OR. - April 30, 2019 – JLL’s Portland Capital Markets team recently announced the offering of the McMinnville Portfolio, a 285.5 acre campus in the Willamette Valley’s famed wine region (NE Captain Michael King Smith Way) on behalf of Falls Event Center LLC, an investment group out of Salt Lake City, UT.
The five-parcel property is currently home to the Evergreen Space Museum, Wings & Waves Waterpark, The Lodge event and wedding venue, +/- 220 acres of established vineyards / farmland, and a development site designed to accommodate a 99,000 square foot hotel. Vice President Adam Taylor and Managing Director Buzz Ellis are leading the JLL Capital Markets team on the offering.
“Located in an Opportunity Zone, buyers have the option to invest in a single parcel, group of parcels, or the entire portfolio” said Taylor. “The multi-channel revenue generation potential creates an ideal opportunity for investors, operators, owner-users, and developers alike.”
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About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com