NIKE Buildings Sell for $23M

LBA Realty sold off two Hillsboro, OR-based office buildings 100% occupied by NIKE Inc. The sale to Winkler Development and Watumull Properties Corp. included the 65,002-square-foot SunTech Corporate Park I at 3445 N.W. 211th Terrace, and the 77,965-square-foot Tanasbourne Corporate Park I at 20010 N.W. Tanasbourne Dr.

LBA Realty was represented by the NGKF Capital Markets team, which included David Hill, David Square, Kevin Shannon, Ken White and Laura Stumm. NGKF Capital Markets David Milestone, Jordan Roeschlaub, and Daniel Fromm arranged debt for the buyer. NIKE has occupied the buildings since 2015.

For comments, questions or concerns, please contact Amy Sorter