Oregon’s largest utility purchases a portion of the suburban office campus at roughly $114 per square foot as the Tualatin submarket posts a dramatic absorption turnaround in Q1 2026
Portland General Electric has acquired 127,418 square feet at Mohawk Business Park in Tualatin, Oregon, for $14.5 million, according to Kidder Mathews’ first quarter 2026 Portland office market report. The purchase from The Khoshbin Company priced out to approximately $114 per square foot.
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