SKB and KCB Partners Acquire Trellis West Campus in Hillsboro
ScanlanKemperBard (SKB) and KCB Partners have acquired the four-building, 90%-leased Trellis West campus in Hillsboro, Oregon for $30.9 million. The property adds 214,152 square feet to SKB's growing portfolio and is strategically located near major semiconductor companies like Intel, Applied Materials, and KLA. The acquisition aligns with SKB’s strategy of investing in high-quality properties that support the region's evolving technology sector. With over one million square feet acquired across six assets in two years, this purchase reinforces their focus on well-located real estate serving advanced manufacturing ecosystems. The campus features more than 5.0 megawatts of power and infrastructure suitable for R&D uses. KCB Partners also sees the acquisition as a strategic move that supports its investment thesis centered around durable income from high-quality tenants in Oregon’s growing semiconductor sector.
Topics: commercial property real estate acquisition semiconductor industry