January 7, 2025
NORRIS & STEVENS, INC. BROKERS $1.4M LEASE OF OFFICE SPACE IN HILLSBORO, OREGON
OptumServe Health Services, Inc. recently completed the $1,400,392 lease of Suite 230 at the Cascade II Building, located at 1925 NE Stucki Avenue in Hillsboro, Oregon.
Constructed in 1999, the Cascade II Building is a medical office building that is part of a 9-building business park. The four-story building is approximately 97,000 square feet, and the leased suite is approximately 6,092 square feet. The A-class medical office is equipped with professional management and offers 400 surface parking spaces, featuring spaces with EV charging stations.
Optum Serve, a subsidiary of United Healthcare, is a health services company that provides solutions to federal agencies and communities to improve health and well-being. This includes consulting services, health benefits solutions, pharmacy benefit management, and financial solutions, among others.
Tim Budelman with Portland-based Norris & Stevens, Inc. represented the Tenant, and Jessica Ramey with JLL represented the Landlord, ABP Owner, LLC, in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 7 million square feet of commercial space and 11,000 apartment units.
