August 23, 2019 Comments Off on Columbia Sportswear Expands HQ in Northwest Portland Views: 1102 Portland, Seattle & Pacific Northwest News, Top Seattle

Columbia Sportswear Company plans to expand its headquarters footprint in Northwest Portland to accommodate new employees. The fast-growing apparel and footwear brand acquired three buildings totaling 200,000 square feet from Electro Scientific Industries for $33 million.

One building is scheduled to be delivered by June 2020, and the other two by June 2021. The new assets are a quarter of a mile from its main 450,000-square-foot headquarters, directly beside the Columbia Sportswear Company Employee Store.

Columbia Sportswear’s sales climbed more than $350 million in 2018, finishing the year at more than $2.8 billion. Its employee count grew to more than 6,500 by the end of 2018.

Melvin Mark’s Tim Parker represented the buyer.

*Photo credit: Tada Images / Shutterstock.com

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Tags: Acquisition, Office

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Columbia Sportswear Expands HQ in Northwest Portland

Dennis Kaiser