Jewett-Cameron to sell Hillsboro, Oregon surplus property to Washington County for $5.9M

JEWETT CAMERON TRADING CO LTD

JC USA Inc., a wholly-owned subsidiary, signed a Purchase and Sale Agreement on Oct 19, 2026 to sell 31345 NW Beach Rd., Hillsboro, OR to Washington County for $5,900,000.
$200,000 earnest money deposited as a promissory note that converts to non-refundable cash; buyer gets an initial 180-day due diligence period, extendable twice by 30 days at $50,000 each.
Closing must occur within 15 days after the inspection periods expire, with a possible 15-day extension; Washington County Board of Commissioners approval is a condition.
An aggregate 5% real estate commission is payable at closing to buyer's and seller's brokers; sale proceeds first reduce any Northrim Funding Services credit facility balance, now zero.
If the buyer fails to close, seller's sole remedy is retaining earnest money as liquidated damages; if seller fails, buyer may get a refund plus up to $20,000 of costs or seek specific performance.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.