Kruse Woods III — Lease in Lake Oswego, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Lake Oswego, OR 97035
  • Submarket: Kruse Way

Photos

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Description

Kruse Woods III is a four-story, Class A office building completed in 1997, located at 5005 Meadows Road in Lake Oswego's Kruse Woods Corporate Park. The property provides a combination of surface and covered, secured in-building parking with a ratio of 3.5 spaces per 1,000 square feet, plus EV charging stations. Tenants have access to two delis in adjacent buildings and campus amenities including a state-of-the-art fitness center and modern boardroom located on the first floor of the nearby Amenity Building at Kruse Oaks I, 5300 Meadows Road.

Market Context

This office in Lake Oswego, OR is listed for lease. Compare it against other office listings for lease in Lake Oswego, OR — view the full market.

As of Q2 2026, the Portland office market showed average asking rents near $32.70/SF/yr. Source: multiple brokerage reports, Q2 2026.

Estimated Market Rate

$2.71/SF/mo – $3.46/SF/mo

Mid: $2.95/SF/mo

By our match to nearby addresses in brokers' reports, this property is in the Kruse Way submarket, where average asking rent was $43.44/SF/yr in Kidder Mathews's Q2 2026 report.

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