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Newmark Arranges $31M Sale of Advanced Manufacturing Campus in Hillsboro
Newmark has arranged the $30.9 million sale of Trellis West, a 214,152-square-foot advanced manufacturing and research and development campus in Hillsboro, Oregon, to buyer SKB and KCB Partners.
Newmark Director Kellen Kollmorgen represented the seller in the transaction. Leasing efforts at Trellis West were led by Newmark Portland Market Leader and Managing Director Travis Parrott and Managing Director Josh Schweitz.
Newmark’s Western Region Capital Markets group leveraged its client relationships to bring this transaction to fruition, with support from group President and Executive Vice Chairman Steve Golubchik and Senior Managing Director Darren Hollak. Golubchik leads strategy for the group, which includes Kollmorgen.
Currently 90% leased, Trellis West is a four-building campus anchored by semiconductor industry leaders Applied Materials and KLA. Parrott and Schweitz began leasing advisory services for Trellis West in May 2025 to help stabilize the property, securing nearly 87,000 square feet across five separate leases at market-high rents. In addition to KLA, the team has landed commitments from SemiAnalysis, Chempower Corporation, Onto Innovation and Hyve Solutions.


