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September 22, 2020
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ScanlanKemperBard Buys 390k sf OR Biz Campus

4/20/20

ScanlanKemperBard (“SKB”) purchased Parkway Woods Business Park, a 390.2k sf office, production and manufacturing campus situated on an 88.28-acre scenic park-like setting in Wilsonville, OR. The project is located at 26600 SW Parkway Ave, adjacent to the east side of I-5.

The freestanding, flex campus consists of state-of-the-art, office/flex and warehouse/flex buildings with I-5 visibility. The expansive campus environment offers outdoor exercise facilities, an on-site public transist stop and adjacent forest areas, along with 1.75 miles of walking trails. It is located near Mentor Graphics, Xerox, Rockwell Collins, Sysco and Microsoft, as well as Oregon Institute of Technology. It is also near a Costco/Target shopping center with many restaurants and support services.

Although we don’t have the actual sales price, we can tell you that SKB financed the buy with a $36.1 mil acquisition loan. Newmark Knight Frank’s Ramsey Daya, Chris Moritz and Stephen Scarpulla arranged the financing. The loan was placed with Bridge Investment Group.





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