TIC investors expand in Portland suburb

Triple Net Properties facilitated the acquisition of the 383,168-square-foot Woodside Corporate Park in Beaverton, Ore.

The value of the transaction was not disclosed.

Tenant-in-common investors purchased the properties from PS Business Parks.

Woodside Corporate Park consists of eight office buildings, which were approximately 86 percent leased at the time of sale to a number of tenants, including IBM, Grass Valley Group Inc. and Watermark Paddlesports Inc.

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