URS Expanding, Rising at Columbia Square

PORTLAND-URS Corp. is moving up in Columbia Square. The publicly traded engineering firm has signed a 10-year renewal and expansion lease for 41,000 sf on the top three floors of the 15-story building, which is owned by Melvin Mark Cos. and Downtown Development Group.

URS has been a tenant in Columbia Square since 1990, when it leased just 2,100 sf. Now located in 31,000 sf on the ninth and 10th floors, URS is taking over space previously occupied by Arthur Andersen. It won’t be taking over the top floor until mid-year 2003, however, as Arthur Andersen let KPMG assume that space after it acquired Arthur Andersen’s Portland operations. Arthur Andersen negotiated a lease termination agreement with Melvin Mark for its remaining space. All three floors are connected by an interior stairwell.

URS was represented in lease negotiations by Hans Kemp of The Staubach Co. Scott Andrews provided in-house representation for Melvin Mark.