US Bank's Exit from Southcenter Helps Others Stay and Grow

TUALATIN, OR-Two businesses are expanding their presence at Southcenter, a 10-building, 342-000-sf Tualatin flex-office park owned by UBS Realty Investors.

HR Answers Inc. upped its commitment from 8,000 sf to 12,500 sf and Healthco Information Systems Inc. increased the size of its lease from 2,400 sf to 8,380 sf, says Insignia/ESG Managing Director Coby Holley, who holds the leasing assignment for the park.

Both are relocating from their current locations in the park because those buildings couldn’t accommodate their growth in contiguous space. The 42,000-sf building that will accommodate their growth was leased entirely by US Bank’s equipment finance group, which moved to Tigard but was on the hook for rent through the end of this month. Holley tells GlobeSt.com that UBS Realty Investors let U.S. Bank out of its lease one month early in order to begin tenant improvements for HR Answers and Healthco.