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BH Properties Acquires 225K-SF Office Campus in Portland
BH Properties has added a two-building technology campus in Hillsboro, Oregon, to its growing Pacific Northwest portfolio.
Strategically located in Portland’s highly Sunset Corridor submarket, the campus features two mid-rise Class-A office buildings with more than 225,000 square feet of Best-in-Class office space. CBRE’s Brian Beswick, Charles Safley, Graham Taylor, Jeff Hodson, Tom Pehl, Kristin Hammond and Michelle Franceschi represented the seller. BH Properties has retained CBRE for both leasing and property management.
BH Properties is branding the office park to begin repositioning it from an owner/user site to a multi-tenant office park. The campus was formerly known as the Synopsys Technology Park. Synopsys signed a lease agreement with BH, and its operations at the site are unchanged.
The acquisition follows BH Properties’ 2024 purchases of the Pacific Place shopping center and Olympic Block office building, both in downtown Seattle. “The opportunity to reposition these iconic buildings for the future growth we expect to see in this submarket was simply too appealing,” said Jim Brooks, president of BH Properties.
