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SKB Recaps 70-Acre Portland Metro Business Park

Portland-based ScanlanKemperBard (SKB) completed the recapitalization of Parkway Woods Business Park, a 378,300-square-foot suburban campus on 70-plus acres in Wilsonville, OR. The property, which was formerly a campus for Tektronix and then Xerox, has since undergone significant common area renovations and is currently leased to two tenants–3D Systems and Dealer Spike.

The seller, Parkway Woods Business Center LLC, a JV between SKB and Oaktree Capital, was represented by NKF’s Nick Kucha, James Childress and Jeff Hodson, along with Kevin Shannon and James Ikeguchi. The buyer, Reinsurance Group of America, was self-represented. SKB will stay as a partner in the investment to help execute a strategic repositioning of the property.

Comprised of three interconnected single-story buildings, SKB and RGA plan to reposition the property’s large floor plates and leverage the premiere amenities to appeal to a wide range of light industrial, manufacturing and R&D tenants. The site includes more than 4.5 acres of developable land.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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