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’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.