Sub Markets

Property Sectors

Topics

Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Seattle & Northwest  + Seattle  + Retail  | 

SRS Real Estate Arranges Ground Lease Sale of Oregon Chick-fil-A

SRS Real Estate Partners announced the $6.57 million ground lease sale of a Chick-fil-A property located at 14801 Kruse Oaks Drive in Lake Oswego, Oregon. Renovated in 2025, the 8,400-square-foot property is situated on 1.44 acres and features a brand-new, 15-year corporate-guaranteed lease.

SRS Capital Markets Calvin Short and Patrick Luther represented the seller, a San Francisco-based family office. The buyer, a private investor from Idaho who was in a 1031 exchange, was represented by Kevin Held of SRS Capital Markets.

The property is in a densely populated area within walking distance of Kruse Woods Corporate Office Park and near the I-5 on/off ramp. It sits at the junction of I-5 and Highway 217, surrounded by over 4.2 million square feet of office space within Kruse Woods Corporate Office Park. Over the past eight years, SRS has been responsible for the sales of 62 Chick-fil-A assets across 21 states.

Connect

Inside The Story

SRS

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

New call-to-action