BEAVERTON, Ore. — Apple, the high-tech company responsible for the iPhone and other gadgets, has reportedly leased office space in Beaverton, adding shine to already flashy suburban market.
In a second-quarter office market report on the Portland metro area, the real estate firm Colliers noted that Apple (Nasdaq: AAPL) had leased 50,000 square feet at 3555 S.W. 153rd. Marketing materials describe the two-story Beaverton Creek Phase IV as being 49,884 square feet in size. The building was constructed as a First Tech Federal Credit Union corporate headquarters for $8 million in 1998, according to Specht.
Apple did not immediately respond to a request for comment. The company had previously agreed to occupy space at the 7 Southeast Stark building in Portland's Central Eastside Industrial District.
The Portland Business Journal has more on the deal and the overall trends of companies leasing space outside of Portland.
The Portland Business Journal is a KGW News partner.