Norris & Stevens Arranges $2.6M Sale of 12,000 SF Office Asset in Oregon

HILLSBORO, ORE. — Norris & Stevens Inc. has brokered the acquisition of an office building, located at 5625 NE Elam Young Parkway in Hillsboro. Pioneer Utility Resources, formerly known as Ruralite Services Corp., purchased the building for $2.6 million.

The buyer plans to move its corporate offices into the building vacancy. The remainder of the building is occupied by medical and professional tenants.

Tim Budelman of Norris & Stevens represented the buyer in the transaction.