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Allied Insurance Takes 27,000 SF at Sunnybrook

CLACKAMAS, OR-The approximately $4 million lease deal brings the 103,744-sf office building completed in Sept. 2000 to 50% leased. Allied, a subsidiary of Nationwide Insurance is expanding from approximately 15,000 sf at the 1500 Building in Portland's Lloyd District.

By Brian K. Miller | Updated on June 29, 2001

CLACKAMAS, OR-Allied Insurance last week signed an approximately six-year, 27,000-sf lease at Sunnybrook Corporate Center valued at $4 million. The subsidiary of Nationwide Insurance is relocating from 15,000 sf at the 1500 Building in Portland’s Lloyd District.

Allied, which will relocate this September, is taking the entire third floor of Sunnybrook, a four-story, 103,744-sf class A office building completed in Sept. 2000. Sunnybrook is owned by Qwest Group Trust 7, a fund of union pension fund advisor Qwest Investment Management. The deal brings Sunnybrook to 50% leased.

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