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Artisan Tea Manufacturer Grows Local Production and National Business Platform with Expansion into Portland’s Up-And-Coming Central Eastside
July 21, 2014

PORTLAND, OR. – July 21, 2014Harsch Investment Properties, a privately held real estate investment, development and management company, has signed a 27,600 square-foot lease at 110 SE Washington Street with local tea maker and importer Steven Smith Teamaker. The company will take occupancy of the space and, as part of the district’s revitalization, will transform the property to house its operations, tea making, manufacturing and distribution, as well as an additional retail tasting facility. Steven Smith Teamaker is moving and expanding its Portland headquarters due to substantial growth.

“In one of my former tea lives we were located near Produce Row and I have always felt the inner southeast had tremendous potential as a new destination for retail and restaurants. I am really excited to be re-joining the neighborhood’s food and beverage scene, which is seeing explosive growth,” said Founder Steven Smith. “This new location will enable us to expand our manufacturing and distribution capabilities and provide a larger area for a retail tasting room.”

Steven Smith has been a lifelong tea purveyor and industry pioneer, having co-founded two of the country’s most recognizable tea brands, Stash and Tazo, in Portland, Ore. Founded in 2009, Steven Smith Teamaker blends his passion for small-batch, artisan teas made for contemporary palettes from the finest natural ingredients. Steven Smith Teamaker products are found in specialty food and lifestyle retailers, restaurants and hotels nationwide.

“Our company is honored to work with Steven Smith, a legend in the tea world, who will now be able to continue the growth of his latest company, Steven Smith Teamaker, in one of our buildings,” said Harsch Investment Properties President Jordan D. Schnitzer.

Harsch’s SE Washington Street property, formerly home to Dealers Supply, is centrally located within Portland’s Central Eastside district, which has become a hub for Portland’s creative workforce through the district’s redevelopment into modernized properties and dynamic spaces. Steven Smith Teamaker joins fellow specialty beverage company, House Spirits Distillery, which is occupying 13,924 square feet on 1st and SE Washington and is opening a tasting room in November 2014. The property is adjacent to Steven Smith Teamaker and the iconic Olympic Mills Commerce Center and near locally acclaimed restaurants, breweries and gourmet commissaries.

Harsch Investment Properties was represented by Todd DeNeffe of Cascade Commercial Real Estate in the deal. Steven Smith Teamaker was represented by Debbie Thomas of Debbie Thomas Real Estate. Mackenzie, headquartered in the Central Eastside district, is the architect of record and provided structural and civil engineering, as well as landscape architectural services.

About Harsch Investment Properties
Harsch Investment Properties is a privately held real estate company that acquires, manages and develops properties for its own portfolio. Founded in 1950, the company owns and operates 21 million square feet of office, multi-tenant industrial, multi-family and retail properties in six western states. Headquartered in Portland, Oregon, Harsch has regional offices in Portland, Seattle, the San Francisco Bay Area, Sacramento, Las Vegas and San Diego. More information can be found by going to http://www.harsch.com.


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    Susanne Orton
    Vice President of Marketing & Communications
    (503) 973-0298
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