Tenant-in-common investors recently purchased a five-building, class A office complex in a Portland, Ore., suburb for an undisclosed price.
The property, Woodside, is located within a master-planned office park in the city of Beaverton.
Built between 1987 and 2000, the 194,000-square-foot property was 90 percent leased to numerous tenants at the time of sale, including the State of Oregon’s Department of Human Services, Bright Horizons Family Solutions, Northwest Regional Education School District and Kleinfelder Group Inc.
NNN 2003 Value Fund LLC sold the facility.
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