SKB and KCB Partners Buy Trellis West Campus in Hillsboro, OR
The four-building, 214,152-sq-ft office campus is 90% leased and expands SKB's Oregon commercial real estate holdings.
ScanlanKemperBard (SKB), a Portland-based commercial real estate investor, developer and operator, has joined forces with KCB Partners to acquire Trellis West, a four-building office campus located in Hillsboro, Oregon, the companies announced October 5, 2026.
The property adds 214,152 square feet to SKB's expanding Oregon portfolio. At the time of acquisition, Trellis West was approximately 90% leased, indicating strong occupancy in a suburban submarket that has drawn technology and life-sciences tenants to the Portland metro area.
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The deal reflects continued investor appetite for well-leased suburban office assets in the Pacific Northwest, even as broader national office markets face elevated vacancy rates and uncertain demand from hybrid work trends. Hillsboro, home to a concentration of semiconductor and tech employers, has maintained relatively resilient commercial real estate fundamentals compared with downtown urban cores.
SKB has built a track record of acquiring and repositioning commercial properties across Oregon and the wider Pacific Northwest. The addition of Trellis West signals the firm's confidence in suburban campus-style office assets that offer stable, diversified tenancy.
Continue reading at Real Estate for full transaction details and leasing information.
