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Blue Ocean Globe Leases 58,000 SQFT in Tualatin as I-5 Corridor Absorbs Portland’s Deepest Industrial Losses

Summary by The Registry
Blue Ocean Globe’s 57,757-square-foot commitment at 11950 SW Leveton Dr ranked as the fifth-largest industrial lease signed in the Portland market during the second quarter, and it landed in the submarket that has given back more occupancy this year than any other established industrial district in the region. Blue Ocean Globe leased 57,757 square feet at 11950 SW Leveton Dr in Tualatin from IDM Companies in May 2026, one of only five industrial…
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The Registry broke the news on Monday, August 3, 2026.
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