1365-1385 NW Amberglen, 20420-20460 NW Von Neumann Hillsboro, OR

  • 210,496 SF, comprised of 4 single story, creative office/R&D buildings in Hillsboro, OR (suburban Portland), known as “Silicon Forest” and home to a number of tech and creative users.
  • 100% leased at 25% below market rents, with 4-5 year remaining lease term.
  • Credit tenancy – Nike (50%) Colombia Sportswear (13%) and IBM (12%).
  • Purchase price of $160 psf is approximately 65% of replacement cost.
  • Double digit leveraged cash flow yields.
  • Portland provides an educated, tech-savvy workforce with cost of living significantly below the West Coast tech hubs in the Bay Area, Los Angeles and Seattle.
  • Upon lease maturity, Graymark expects to roll rents to market.
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