HILLSBORO, Ore. -- The wait is over.
Salesforce.com will settle in Hillsboro.
The San Francisco-based software company on Monday said this summer it will occupy a 100,000-square-foot building on the Synopsys campus at 2035 N.W. Cornelius Pass Road in Hillsboro.
The location announcement has been highly anticipated since Salesforce disclosed in August that would open a Portland-area operation that would employ "hundreds." That sparked competition between Portland and numerous suburban communities for the coveted tenant, with Hillsboro beating out apparent rivals Lake Oswego and Portland.
“Our feeling here was this was close enough in proximity to Portland, but also gives us the flexibility we need to continue to build out and have the potential for future growth and do things (employees) wanted,” Monika Fahlbusch, Salesforce.com’s senior vice president of employee success, said Monday in a phone interview.
The company won't disclose the exact number of people it will house in the new office, saying only that it will employ "hundreds."
Salesforce.com didn’t exactly put all its eggs in its Portland basket.
At the same time it scoured the local market for suitable digs, it inked a deal to lease an entire $250 million high rise proposed for 350 Mission St. in its hometown. The customer relationship management software maker is poised to become San Francisco’s second-largest office tenant.
The state of Oregon is providing a Lottery-funded $1.4 million grant to Salesforce.com under an incentive agreement to open a major office here. Half the money will be forgiven if the company creates and maintains 205 jobs in Oregon for eight consecutive quarters through Dec. 31, 2016. The other half will be forgiven if personal income taxes paid through the new jobs surpasses $1.4 million.
The Portland Business Journal is a KATU News partner.