Office complex across from Walgreen’s would host medical clinic

28 Apr

They’re doing the due — diligence, that is — which means the fat lady ain’t singin’. But if you hear an aria erupt, you’ll know that Stephen Ford and Andy von Flotow have secured a deal that could bring a medical clinic and other office space to the Heights.

Ford is a partner in Current Commercial. Von Flotow owns Hood Technology. Ford says a Portland developer hopes to put a 30,000-square-foot medical office building and related parking on the property just north of the former Ford dealership and just east of the Columbia Gorge Community College Indian Creek Campus on Tucker Road.

The property most recently got a close look from the city of Hood River and the college as a site for a possible fire station and classroom flex space. Limits on the use of funds prevented pursuit of that plan.

“The project would be anchored by an established Portland medical tenant taking approximately 10,000 sf with several other smaller medical and professional office tenant prospects in play,” Ford says.

The developers are still looking under the hood and kicking tires (apt metaphor, no?), but Ford says it’s looking positive.

The financing model is interesting. If it happens, tenants could buy shares of the limited liability company that will own the building. A professional property manager would handle leasing and maintenance.

“This will be the only class A office space with parking available in Hood River,” Ford notes.

The developers meet with the potential major tenant next week, in hopes of firming things up and moving ahead.

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