'The Round' Attracts Real Estate Firm, Fitness Center

BEAVERTON, OR-Coldwell Banker Barbara Sue Seal Properties is the first firm to sign on for space at “The Round,” Beaverton’s $80- to $100-million office, retail and residential development, and 24-Hour Fitness will likely be next.

Coldwell Banker Barbara Sue Seal Properties has leased the entire first floor of the development’s first office building fore what will be its largest branch office. Move-in is scheduled for Nov. 1.

The full-service asking rate for the 106,000-sf office building is $22.50 per sf, but owners have been more than willing to wheel and deal these days and leasing broker Buzz Ellis promises that The Round will be “the lowest cost class A alternative in the greater Portland area.”