Tualatin Valley Fire & Rescue has purchased Dartmouth Square, a 38,000 sf office building in Tigard, for $8.2 million. NAI Norris, Beggs & Simpson Executive Vice President Chris Johnson, SIOR, and Vice Presidents MaryKay West, CCIM, John Medak and Jennifer Medak represented the seller, Dartmouth Square LLC.
Dartmouth Square, a three-story Class A building, is at 11945 SW 70th in the Tigard Triangle, close to I-5 and Highways 217 and 99. Tualatin Valley Fire & Rescue was attracted to the location and quality of the building, and will use it for administrative offices.
Dartmouth Square delivered in November 2008 and has been vacant until now.
“We were very fortunate to line up an owner/user such as Tualatin Valley Fire & Rescue in this very challenging, capital-starved real estate market,” Johnson said. “The fact that they were an all-cash buyer made this transaction doable.”
Read CoStar's write-up of the sale here.
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