First Office Building at 'The Round' Nearing Completion

BEAVERTON, OR-It’s been a long time coming, but the first office building is nearing completion at “The Round,” an eventual business, entertainment, housing and retail destination in Downtown Beaverton that will feature 350,000 sf of office space, 65 residential lofts, and 120,000 sf of retail and restaurant space near the Downtown light-rail station.

Leasing broker Buzz Ellis tells GlobeSt.com that an LOI has been signed for 13,000 sf on the first floor of the 106,000-sf building, for which the last concrete panel was hung yesterday(Monday, Aug. 5). Preferred Bank of California provided a $15 million loan for construction of the building. Shell completion is scheduled for later this year.