Packed into one 89,000 sf building on the property, Timberlineis currently seeking approval from the City of Beaverton to buildout its lot by adding 30,000 sf wing to its existing building, andconstructing a separate, 50,000-sf building and a parking structurenext to it, Timberline CFO Carl Asai tells GlobeSt.com.
"We're progressing with our campus expansion plans, but we needthe space now," says Asai, whose company has grown from 408employees to 470 since the start of the year. "We're pretty tightlypacked in here."
A public hearing on the company's master plan for the site isscheduled for later this month. In the meantime, Timberline ishaving to lease nearby space in the Prudential-owned SummitBuilding, which sits three-tenths of a mile away from Cornell Oaksat 1260 N.W. Waterhouse Ave.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
