Summary · why it matters
ScanlanKemperBard, known as SKB, and KCB Partners have acquired Trellis West, a four-building research and development campus in Hillsboro, Oregon, for $30.9 million. The property, which is 90% leased, adds 214,152 square feet to SKB's Oregon portfolio and sits in Hillsboro's Sunset Corridor, at the heart of Oregon's Silicon Forest. It is anchored by Applied Materials and KLA, features more than 5.0 megawatts of power, and lies less than three miles from Intel's Ronler Acres and Hawthorn Farms campuses. SKB President Todd Gooding said the deal builds on the firm's regional investment, with SKB having acquired six assets totaling more than one million square feet over the last two years, Trellis West included. KCB Principal Romayh El Jurdi said the acquisition marks KCB's third investment in Oregon this year.