X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PORTLAND-Columbia Sportswear Co. has signed a letter of intent to keep its headquarters in Portland, but just barely.

The outdoor clothier is negotiating with ADC Telecommunications, a Minneapolis company that consolidated its operations last year and left behind 188,500-sf of space in three buildings on 7.82 acres adjacent Sunset Park High School on the eastern edge of Beaverton.

The property would provide Columbia twice the office space and quadruple the off-street parking of its existing headquarters in North Portland. Columbia spokeswoman Emily Kaplan tells GlobeSt.com the deal will not close until any and all zoning, engineering and environmental issues are resolved. If all goes well, the company could be relocated by next summer.

GlobeSt.com broke the news of Columbia’s search for space several weeks ago. The company, which has grown its US employment from 551 in 1995 to 786 today, was considering building anew on a 6.6-acre parcel in the Central Eastside Industrial District, adjacent to the Willamette River and KPTV Channel 12. The ADC site is an easier, less expensive transition, thanks to existing buildings that may not even have to be renovated.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.