Gordon King, the senior director at Cushman & Wakefield whorepresented Timberline, told GlobeSt.com the company was lucky tofind nearby space. "The growth (in the Sunset Corridor) hassurprised everyone," he said. "All of us thought there was a two-or three-year oversupply not too long ago; now, this was the onlyquality space we could find, and we were in a race for it."

In the first quarter, the Sunset Corridor saw 500,000 sf ofmulti-tenant, multi-story office absorption, said King. "That usedto be the total for (the entire city of Portland) five or six yearsago," he quipped. With quality spaces few and far between,Timberline will use its newly leased space as its long-termoverflow annex.

Timberline's customer service division will move into the SummitBuilding annex first, said King, while the company thinks aboutstepping up new construction efforts. Prudential, which owns justthe one building at Cornell Oaks, was represented by Grubb &Ellis.