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Hines Global Income Trust Picks Up Portland Area Call Center Property

4/26/22

Hines Global Income Trust has purchased a single-story, call center building totaling 211.9k sf in the Portland-area community of Hillsboro. The property, located at 10500 NE Walker Rd, was sold by an unnamed public REIT.

The building sits on an 18.92-acre site in the Sunset Corridor / Silicon Forest submarket of the Portland MSA. This area has become a prime suburban location for many large corporate tenants due to the proximity of desirable residential neighborhoods; easy access to the Portland central business district via the MAX Light Rail Red Line Willow Creek / NW 185th Station, which is within walking distance of the property; and access to a deep talent pool of employees. In addition, the property has excellent access to a plentiful amenity base and Highway 26 for direct access to downtown Portland.

Renovated in 2009, 10500 NE Walker Rd holds a LEED Silver certification and is fully leased to a long-term, financial services tenant. The property provides 938 parking spaces and features 167 ceiling heights along with three dock high doors and two grade-level doors.

Buzz Ellis, Adam Lasoff, Adam Taylor, Ira Virden, Carrie Kahn, Frank Solorzano and Conan Lee with JLL Capital Markets represented the seller in the deal.




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