Sunday, June 26, 2022
The Property Reporter
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home
No Result
View All Result
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home
No Result
View All Result
The Property Reporter
No Result
View All Result
Home Selling a Home

Tektronix to scale back Beaverton campus, lease or sell unused office space

PrR by PrR
2022-05-31
in Selling a Home
0
20
SHARES
153
VIEWS
Share on FacebookShare on Twitter


Washington County technology giant Tektronix is planning to get a little smaller — at least physically. Company officials have announced plans to consolidate the space it uses at its headquarters campus, leading to a smaller footprint in its home city of Beaverton, Oregon. Buildings and space the company isn’t using will be sold or leased out, according to officials.

“Like many companies across the US and abroad, the COVID-19 pandemic changed when and where Tektronix employees work,” a company spokesperson wrote in an email to OPB. “The shift in how and where our employees work, combined with our intent to create a modernized, connected, and collaborative way of working, led us to explore optimizing our Beaverton campus including an opportunity to lease or sell vacated buildings and options for capital improvements.”

Tektronix, Inc. in Beaverton, 2015.

Tektronix, Inc. in Beaverton, 2015.

Courtesy of Steve Morgan

Tektronix’s presence in Beaverton dates back to the 1950s, when the company purchased more than 300 acres for what would become a headquarters and manufacturing facilities.

According to real estate listings, Tektronix is initially looking to lease two buildings, both on the northwest side of campus. One is a two-story office space referred to as “Building 58″ totaling 195,000 square feet. The other is listed as 84,000 square feet of office space in what’s called “Building 55.”

The decision to lease or sell parts of the campus shouldn’t be interpreted as part of any effort to move out of Washington County, according to an official statement from the company.

A spokesperson for the company wrote, “We are committed to keeping our global headquarters and current manufacturing facilities on our Beaverton campus and we continue to work with our real-estate partners and local governments to determine the best uses for the campus.”

Tektronix suggests that selling or leasing property the company isn’t using can open areas for “much needed in-fill development” in Beaverton, and could help company leaders improve current office space.

A woman assembles an oscilloscope at Tektronix, ca. 1950s. Many homemakers without job experience were hired and taught a variety of tasks including soldering.

Tektronix has been a fixture in Beaverton, Ore., for decades. A woman assembles an oscilloscope at Tektronix in the 1950s.

Courtesy of Ed Sinclair, vintageTEK.org



Source link

Previous Post

Terry Crews Buys Spanish-Style Pasadena Home for $5.6 Million

Next Post

Atlas Ocean Voyages Adding New Homeport in Panama 

Next Post

Atlas Ocean Voyages Adding New Homeport in Panama 

RECOMMENDED

Fort Smith directors approve moratorium for military sales project

2022-06-26

Australian property investor couple reveal their tips to get rich

2022-06-26

MOST VIEWED

  • Fox Lake hopes to bring hotel to Mineola lakefront site; ‘Recognizing our unique position on the Chain O’ Lakes is a key driver for our progress’ – Chicago Tribune

    638 shares
    Share 255 Tweet 160
  • Doubling Down With the Derricos’ Deon boasts about ‘buying up blocks’ & promotes real estate business after foreclosure

    171 shares
    Share 68 Tweet 43
  • Historic home on 32-acre site annexed into Elgin for new industrial development free to anyone who wants to move it

    151 shares
    Share 60 Tweet 38
  • Plas Glynllifon’s new owner speaks for first time on difficult challenge to renovate mansion

    108 shares
    Share 43 Tweet 27
  • Atlanta developer plans downtown Dallas towers

    75 shares
    Share 30 Tweet 19

Recent Posts

  • Fort Smith directors approve moratorium for military sales project
  • Australian property investor couple reveal their tips to get rich
  • Chesterton partnership readies 500,000 sq ft Cambridge mixed-use park development | News
  • Irish hotel investment transactions soar above pre-Covid levels
  • Time to dumpster dive: Discarded home goods pile up as NU student leases end

CATEGORY

  • Buying a Home
  • Hotel
  • Industrial
  • News
  • Office
  • Residential
  • Retail
  • Selling a Home
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Property Reporter

No Result
View All Result
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home

© 2021 Copyright Property Reporter