Hillsboro
Report: Hillsboro Ranks Fourth in U.S. for Data Center Leasing Activity and New Supply in H1 2022
HILLSBORO, ORE. – October 10, 2022 – The Hillsboro, Ore. data-center market ranked fourth in the U.S. and first among secondary markets for...
Allstate Plans Sale of Vacant Building in Hillsboro with Potential Pricing of ~$150/SQFT
By Jon Peterson Northbrook, Ill.-based Allstate Corp. has placed on the market for sale an office building in Hillsboro, Oregon located at 1100...
Skanska Builds Out Interior of New Data Center in Hillsboro, Ore. for $80MM
Skanska has signed a contract with an existing client to build out the interior of the H3 – a data center in Hillsboro,...
Hines Buys Single-Tenant Asset in Portland’s Silicon Forest for $39MM
(EDITOR’S NOTE: According to a source familiar with the deal, the building sold for about $39 million, or about $184 per square foot)....
Report: Data Centers See Nationwide Surge in Demand
By Catherine Sweeney Across the United States, data centers are reporting heightened demand. While data center demand was largely accelerated by the COVID-19...
Peachtree Increases Footprint with Acquisition of Seven Hotels, Including Two Oregon Assets, for $135MM
ALANTA–Peachtree Hotel Group (“Peachtree”) continues to capitalize on the hotel industry’s recovery by acquiring seven premium-branded hotels for approximately $135 million. The acquisitions,...
Pine Tree Spends $66MM on Grocery-Anchored Community Center In Hillsboro
Northbrook, Ill.-based Pine Tree, in partnership with a U.S. state pension fund, acquired Sunset Esplanade, a 269,710-square-foot neighborhood shopping center located in the...
Mohawk Business Park & 55 West in Portland Are Refinanced for $73.8MM
CBRE has arranged a $45.8 million loan for the refinancing of Mohawk Business Park and a $28 million loan for the refinancing of...
Hillsboro’s Tanasbourne Commerce Center Attracts Foreign Investor, Sells for $33.85MM
By Meghan Hall Portland’s commercial office market has not been immune to the impacts of the COVID-19 pandemic. However, momentum continues to build,...
Principal Pays $57.4MM to Acquire R&D Asset in Hillsboro, Ore.
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has closed on the acquisition of the 195,546 square foot Hitachi Hillsboro R&D facility...
Report: Hillsboro Registered Largest Data Center Leasing Across All Secondary Markets in North America in First Half of 2021
Hillsboro saw the highest leasing activity across all secondary markets in North America while also registering the fourth most product under construction in...
CTO Realty Growth Places 211,000 SQFT Wells Fargo Center in Hillsboro on the Market Seeking $42.5MM
By Jon Peterson Daytona Beach, Fla.-based CTO Realty Growth has put up for sale the 211,863 square foot Wells Fargo Center office building...
