Columbia Sportswear Company Announces Global Headquarters Expansion
August 21 2019 - 5:30PM
Business Wire
Today, Columbia Sportswear Company (NASDAQ: COLM) announced the
expansion of its campus in Washington County, Oregon.
The company purchased three buildings from Electro Scientific
Industries (ESI), all of which are located within a quarter of a
mile from the main headquarters, directly beside the Columbia
Sportswear Company Employee Store.
At $33 million, this acquisition will add more than 200,000
square feet to Columbia’s existing presence, with one building
scheduled to be delivered by June 2020 and the other two by June
2021. Tim Parker of Melvin Mark represented the buyer.
An industry leader in outdoor apparel and products, Columbia
Sportswear Company is happy to acquire more space to innovate,
design and collaborate to create high-quality products for active
people.
About Columbia Sportswear Company:
Columbia Sportswear Company has assembled a portfolio of brands
for active lives, making it a leader in the global active lifestyle
apparel, footwear, accessories, and equipment industry. Founded in
1938 in Portland, Oregon, the company’s brands are today sold in
approximately 90 countries. In addition to the Columbia® brand,
Columbia Sportswear Company also owns the Mountain Hardwear®,
SOREL® and prAna® brands. To learn more, please visit the company’s
websites at www.columbia.com, www.mountainhardwear.com,
www.sorel.com and www.prana.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190821005758/en/
Mary Ellen Glynn Corporate Communications Director 503-985-1513
mglynn@columbia.com
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