Phil Knight gets new hanger for private jet

Phil Knight gets new hanger for private jet

The Nike co-founder is building a $7.6 million hangar at Hillsboro Airport for his Gulfstream G650.

The new 29,000-square-foot hangar is listed in public records as the Ochoco Private Hangar. It appears to be within a few months of completion.

The Port of Portland, which owns the land under the hangar, leased 133,317 square feet to Ochoco in September for 30 years. The lease has 15 years in options.

Read more at Portland Business Journal