April 25, 2023
NORRIS & STEVENS, INC. BROKERS $2M OFFICE LEASE IN BEAVERTON, OREGON
Norris & Stevens, Inc., along with Sperry Van Ness (SVN), facilitated the lease of 12,003 square feet at 9400 Place, located at 9400 SW Beaverton Hillsdale Highway.
The Tenant, VIDA Coworking, leased four suites of office space. VIDA Coworking will offer 25 private offices, 26 “dedicated desks”, a variety of open flex office space, and an on-site fitness studio to its members. The coworking space will be opening on August 1st, 2023.
“We are thrilled to bring a VIDA location to the Beaverton community and can’t wait to help Make Life/Work for our new members,” said Melanie Marconi, its Founder & CEO.
9400 Place is an approximately 95,656 square foot office building constructed in 1974 and renovated in 1997. The property features offices with plenty of bright, natural light, elevators, ample parking, and is professionally managed by Norris & Stevens. Conveniently located adjacent to Jesuit High School, the property allows for easy access to Highway 217, and is close to Beaverton Town Square. The Beaverton office submarket continues to show strength as the demand for quality suburban office stays hot.
“We are pleased to bring such a quality tenant to our client’s project,” said Timothy Mitchell, president of Norris & Stevens, Inc., “all the brokers involved did a great job getting this transaction completed.”
Duane Link with Portland-based Norris & Stevens, Inc. represented the Landlord, 9300 Hillsdale, LLC, and Stacy Looney with SVN Bluestone represented the Tenant 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 5.9 million square feet of commercial space and 9,100 apartment units.
VIDA is a coworking community that provides beautiful workspace, family support services and curated amenities to help Make Life/Work for our members: primarily women, families and small businesses. Founded in 2019, VIDA now has two locations in NE Portland and Beaverton, with more to follow. www.vidacoworking.com