Hillsboro, OR

TCC Breaks Ground on Phase II of Sewell Corporate Park in Hillsboro, Oregon

Phase II will include two buildings totaling 294,700 SF

September 1, 2026

Sewell Corporate Park Phase II, industrial development in Hillsboro, Oregon

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Ryan Salchert

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Trammell Crow Company (“TCC”), a leading commercial real estate developer, has broken ground on Phase II of Sewell Corporate Park in Hillsboro, Oregon, approximately 20 miles west of Portland. Phase II, located on 17.76 acres, will include two speculative buildings totaling 294,700 square feet. Delivery is scheduled for March 2027.

The largest of the two buildings in Phase II, Building 3, is located at 4615 NE Sewell Ave. and will measure 184,681 square feet. Building 4, located at 4550 NW 273rd Ave., will measure 110,019 square feet. Both buildings feature 32-foot clear heights, trailer parking, and abundant auto parking and power. TCC is also seeking LEED Silver certification on both buildings.

The groundbreaking of Phase II comes less than a year after Phase I delivered two buildings totaling 396,212 square feet. Building 1, measuring 148,751 square feet, has been fully leased to Thermo Fisher Scientific and Oregon Electric Group. Building 2, measuring 247,461 square feet, remains available. Clayton Madey of Macadam Forbes is marketing the three remaining buildings for sale or for lease.

“We remain the most active developer in Hillsboro and the Sunset Corridor with the recent groundbreaking of phase two of Sewell Corporate Park, a development focused on serving the needs of west side high tech businesses and the companies that serve them,” said Steve Sieber, a principal with TCC in Portland. “Sewell Corporate Park Phase II benefits from a premium location in the north Hillsboro tech cluster, top-of-market design, immediately available power, and a business-friendly city providing Enterprise Zone tax benefits, all of which result in real cost efficiencies and savings for tenants or buyers.”

Phase II of Sewell Corporate Park was designed by MDG Architecture and is being built by Perlo Construction. Elsewhere in Hillsboro, TCC is underway with VanRose Technology Center, a speculative, cross-dock, 303,969-square-foot logistics building located at 2625 NE Huffman Road.

Trammell Crow Company

Trammell Crow Company (TCC) is a leading commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired 3,000 buildings valued at $90 billion spanning more than 700 million square feet. As of June 30, 2026, TCC had nearly $30 billion of projects in process and in its pipeline. With approximately 440 employees throughout the United States and Europe in 25 offices, the company serves investors in and occupiers of office, industrial/logistics, healthcare, life science, data center, mixed-use, and multifamily projects through its residential subsidiary, High Street Residential. For more information, visit www.TrammellCrow.com.