The Portland-based real estate merchant banking and development advisory firm acquired 16277 S.E. 130th Ave. from Cascade Area Properties (Oregon) LLC. Located on 11.57 acres in the I-205 Distribution Corridor, it is fully leased by Cornell Pump Co. and USF Reddaway, a subsidiary of US Freightways Corp.

SKB acts as a fiduciary for approximately 225 investors representing more than $115 million in real estate investment. Company Principal Robert Scanlan was not immediately available for comment Tuesday afternoon.

Sunrise Corridor Business Center is the third major property acquisition since this spring, when it paid $20.76-million for a 47,000-sf retail center in Portland and $21.85 million for a 214,000-sf office building in Downtown Los Angeles. Around the same time, it sold the investment firm it acquired in March 2000 and added a new head of development.