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Flexential Buys 496,000 SQFT Hillsboro Data Center Campus from T5 Data Centers for $223MM

Summary by The Registry
Flexential’s $223 million purchase of two Hillsboro data centers it had previously leased from T5 Data Centers accounted for the overwhelming majority of significant sale volume in the Portland industrial market during the second quarter of 2026, a period in which availability hit a record high and leasing collapsed to its slowest pace since 2008. Flexential acquired 4915 and 4975 NE Starr Blvd in Hillsboro, a two-building, 496,000-square-foot d…
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The Registry broke the news on Tuesday, July 28, 2026.
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