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Unitus Moving HQ to Columbia Financial Center

PORTLAND, OR-The credit union signs a long-term lease for 55% of the 85,000-sf, low-rise Downtown office building. The building's current anchor tenant, Bank of America's asset management division Columbia Management Group, is relocating to Bank of America Financial Center.

By Brian K. Miller | Updated on September 27, 2005

PORTLAND, OR-Unitus Community Credit Union plans to sell its existing headquarters and move to Columbia Financial Center. The low-rise Downtown office building will be renamed in deference to the company, which is one of Oregon’s largest credit unions.

Columbia Financial Center is located at 1300 SW Sixth Ave. Norris Beggs & Simpson broker Sean Turley tells GlobeSt.com that Unitus signed a 10-year lease for 47,000 sf of the 85,000-sf five-story building. The lease commences in April.

Unitus will relocate from a building it owns at 2121 SW Fourth Ave. Unitus plans to sell the building while maintaining a retail branch there. It also plans to open a retail branch at Columbia Financial Center.

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