Newmark Arranges $31M Sale of Advanced Manufacturing Campus in Hillsboro
Newmark arranged the $30.9M sale of Trellis West, a 214,152-sq-ft advanced manufacturing campus in Hillsboro, Oregon, to SKB and KCB Partners. The campus is 90% leased, with Applied Materials and KLA as anchor tenants. Newmark's team secured additional leases totaling 87,000 sq ft at market-high rents.
How this was made

The 30-second read
Why it matters
The deal reflects continued demand for semiconductor‑related industrial space but is unlikely to affect broader market indices.
Market read
A niche real‑estate transaction with minimal impact on equity markets.
What to watch
Potential downstream effect on semiconductor tenants' operational capacity.
Background
Newmark brokered the sale of the Trellis West advanced manufacturing campus in Hillsboro, Oregon, to SKB and KCB Partners for $30.9 million.
Market effects
Limited impact on real estate and industrial leasing sector.
Minor effect on Oregon commercial property market.
None
Counterpoint
The transaction size is too small to move market sentiment.
Key entities
- BrokerNewmark
Arranged the sale of the campus.
- BuyerSKB
Acquired the Trellis West campus.
- BuyerKCB Partners
Co‑buyer of the campus.




