On Inc., a running shoe and apparel brand based in Switzerland, signed a full-floor lease at Tanner Point in Portland. The company will relocate its North American headquarters to the building’s fifth floor, which spans 28,610 square feet, beginning in August 2021.
The eight-story class-A office property is located at 1250 NW 9th Ave. in Portland’s Pearl District neighborhood and offers tech-enabled creative office space. In the past 15 months, nearly 97,000 square feet has been leased at Tanner Point.
CBRE Global Investors worked on behalf of one of its separate account clients on the transaction. The CBRE team of Trevor Kafoury, Kevin Kaufman and Autumn Brice represented the landlord in the deal, while the tenant was represented by Apex Real Estate Partners.
“We believe that the building and its offerings, including our proprietary A&B tenant experience program, will be able to continually meet the needs of On’s rapidly growing business,” said Brian Ma of CBRE Global Investors.
Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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