By Razvan Cimpean
BlueVolt has relocated its corporate headquarters to the Marquam Building in Portland, Ore. The e-learning solutions company leased more than 9,000 square feet on the top floor of the Class B office building. According to Area Development Online, company officials said the new suite will afford BlueVolt enough space to double its current staff.
Located at 2501 SW 1st Ave., the 71,460-square-foot, garden-style Portland office building offers easy access to bus stations, as well as to Interstate 405 and Stadium Freeway. Additionally, the property is situated near various dining options, including Lair Hill Bistro and Suki’s Bar & Grill. The asset features a shower/locker facility, a conference room, 1,500 square feet of retail space and 140 parking spaces. Approximately 18,500 square feet of space are still available at the Marquam Building.
Completed in 1966, the four-story building underwent cosmetic renovations in 2003. According to Yardi Matrix, American Property Management acquired the property in 2003 from Oregon State University for almost $6.5 million.
New Hires Planned
Prior to relocating, BlueVolt had its offices in the Portland State Business Accelerator. Now, the firm has reached at its largest headcount to date, according to company officials. The organization is also expanding its team with several new positions.
Image courtesy of Yardi Matrix