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News release

Portland

JLL to Lease and Manage Vancouver’s 90-acre EastRidge Business Park

Site is one of the largest mixed-use business parks in the entire Portland/Vancouver Metropolitan area


Portland, Oregon – July 28, 2014 – JLL has been selected to market for lease EastRidge Business Park, a 25-building, mixed-use business park located at the intersection of N.E. 117th Ave. and N.E. 99th Street in Vancouver, Washington.  


 
Senior Associate Tom Shimota and Associate John Lee of JLL led the listing team representing EastRidge Business Park. In addition, JLL was selected to manage the property. Jodi Prentice of JLL will lead the management team.

 
“With the increase in rental rates we’ve seen in the last year we really have a golden opportunity to create value for a prestigious client on this high profile assignment,” said Shimota. “It’s accessibility and surrounding amenities will really help to drive interest.” 

 
The 407,546 square foot property offers small and large spaces with on-site property management, mature landscaping, on-site retail and service amenities and parking. 

 
EastRidge Business Park is in close proximity to Westfield Shopping Center, approximately one million square foot regional shopping center with more than 142 retailers and restaurants and the largest shopping center in Southwest Washington. In addition, EastRidge Business Park is located within easy access to numerous restaurants, hotels, and some major retailers such as Safeway, Lowe’s, Fred Meyer and Starbucks. The park is approximately 20 minutes north of Portland and 11 miles to Portland International Airport and has direct access to Vancouver via I-5 and I-205.  

 
The Business Park is owned by Investors Warranty of America Inc., and asset management services are provided by AEGON USA Realty Advisors, LLC.

 
For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv

 
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About JLL
 
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. For further information, visit www.jll.com. 

 
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