FSCP
Felton Stern Capital Partners
Investor Relations
Kruse Woods V — Lake Oswego, Oregon
Class A Office — Kruse Way Corridor, Oregon
Kruse Woods V
5885 Meadows Road, Lake Oswego, OR 97035
Current Holding
191,000
Square Feet
100%
Leased
7.8 Yrs
WALT
46.5%
Inv.-Grade RSF
Asset Type
Class A Office
Submarket
Kruse Way / Lake Oswego
Year Built
1999
Stories
8
Parking
4.0 : 1,000 SF
Status
Current Holding
Property Overview
Kruse Way's Premier
Multi-Tenant Office Asset

Kruse Woods V is an eight-story, 191,000 square foot Class A office building situated in the heart of the Kruse Way corridor in Lake Oswego, Oregon — one of the most established and sought-after suburban office submarkets in the greater Portland metro area. The property is the fifth and most recent phase of the Kruse Woods master-planned office campus, which has served as the address of choice for Portland's most prominent professional services, financial, and technology tenants for more than two decades.

The building sits on a well-landscaped campus setting with direct access to Meadows Road and immediate proximity to Interstate 5, placing it within minutes of downtown Portland, the South Waterfront, and Lake Oswego's retail and dining core. This locational profile — suburban convenience with urban accessibility — is a defining characteristic of the Kruse Way submarket and a primary driver of its historically strong tenant retention.

At 100% leased with a weighted average lease term of 7.8 years and 46.5% of rentable square footage occupied by investment-grade tenants, Kruse Woods V represents the type of institutionally maintained, fundamentally sound commercial asset that defines FSCP's acquisition and hold philosophy.

Property Name Kruse Woods V
Address 5885 Meadows Road
Lake Oswego, OR 97035
Asset Class Class A Office
Total RSF 191,000 SF
Stories 8
Occupancy 100% Leased
WALT 7.8 Years
Inv.-Grade Tenancy 46.5% of RSF
Parking Ratio 4.0 : 1,000 SF
Submarket Kruse Way / Lake Oswego
Portfolio Status Current Holding
Location
Kruse Way Corridor,
Lake Oswego, Oregon
Address
5885 Meadows Road
Lake Oswego, OR 97035
Submarket
Kruse Way / South Metro Portland
The Kruse Way corridor is Lake Oswego's premier commercial address, home to the region's most prominent professional services, financial services, and technology employers. The submarket has maintained consistently lower vacancy rates than the broader Portland metro through multiple economic cycles.
Freeway Access
Direct access to Interstate 5 via Carman Drive interchange. Approximately 10 minutes to Portland CBD, 5 minutes to Lake Oswego town center.
Nearby Amenities
Lake Oswego Town Center0.8 mi
Kruse Way Restaurant Row0.2 mi
Interstate 5 (Carman Dr.)0.4 mi
Portland CBD10 min drive
Portland Int'l Airport (PDX)28 min drive
South Waterfront / OHSU8 min drive
Lake Oswego, Oregon
5885 Meadows Road
Lake Oswego, OR 97035
Open in Google Maps →

Interested in This Asset?

FSCP co-invests alongside qualified institutional investors and family offices on a selective basis. To learn more about Kruse Woods V or other FSCP opportunities, contact Nick Kucha directly or submit an inquiry through our investor relations page.

Investor Relations ← Back to Portfolio