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Kruse
Way, in Lake Oswego, Oregon, has experienced an explosion
of growth in the past few years. This additional supply has provided more alternatives
for growing businesses that have made a commitment to
locating along Kruse Way. Kruse Way stretches from the
major I-5/Highway 217 Interchange on the west end, to
Lower Boones Ferry Road on the east end. The office
buildings are concentrated in three areas along Kruse
Way: The Centerpointe development north of Kruse Way;
the south side of Kruse Way along Meadows Road; and
adjacent to Kruse Way and Lower Boones Ferry Road on
Kruse Way Place. Kruse Way is within a five-minute drive
of downtown Lake Oswego, and approximately 15 miles
from the central business district of Portland.
Kruse Way has historically attracted tenants in the
4,500 to 5,000 square foot range, and has become a Mecca
for finance, law, engineering, and insurance industries,
as well as attracting both local and national credit
companies. Significant businesses located along Kruse
Way include Jacobs Engineering, Jordan Schrader Ramis, Meritage Mortgage, Prudential,
Dean Witter, Morgan Stanley Smith Barney, Greenbrier Industries,
Waggener Edstrom, and more.
Businesses are attracted to the Kruse Way area due to
strong demographics as well as its immediate proximity
to I-5, I-205, and Highway 217. It is within a ten-minute
drive of the majority of office space concentrated along
the 217 Corridor as well, which is appealing for some
businesses. Many of the employees working along Kruse
Way also live in the immediate area, reducing or eliminating
long commutes.
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