Description

JLL is pleased to exclusively offer the 100% fee simple interest in AmberGlen Corporate Center, a two-building, 157,517-square-foot, value-add suburban office portfolio located at 1400 and 1600 NE Compton Drive in Hillsboro, Oregon, within the heart of Washington County’s “Silicon Forest.” The Portfolio is currently 75% leased with a 2.0-year weighted average lease term, providing near-term cash flow alongside meaningful upside through lease-up and alternative redevelopment potential.

The Property is anchored by a roster of high-credit, global technology tenants, including Skyworks Solutions, Grass Valley USA, and Cisco Systems, which collectively represent 53% of the leased square footage. Both buildings underwent extensive renovations in 2017, featuring modernized building systems and contemporary finishes that continue to resonate with technology, semiconductor, and healthcare-oriented users seeking proximity to major employment hubs. AmberGlen Corporate Center benefits from a highly strategic location near Intel’s Gordon Moore Park at Ronler Acres campus and surrounded by more than 2.0 million square feet of mixed-use development, reinforcing long-term tenant demand and neighborhood vitality. The Portfolio can be acquired at a significant discount to today’s estimated replacement costs exceeding $450 per square foot, with limited competitive new office supply in the submarket.

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