URG was founded in 2006 with the core belief that the renaissance of cities and the creation of place in suburbs represented a fundamental shift in the American landscape. This shift opened unique opportunities to shape the built environment with an emphasis on placemaking. Our deep market knowledge and keen understanding of these trends allowed us to acquire, lease, develop and manage properties in a way that better serves our communities.
As a nose-to-the-grindstone start-up, we were honored to team with the renowned Joshua Green Corporation (JGC) to reinvent their 100-year old building headquarters. The project won NAIOP’s Historic Renovation of the Year and inspired JGC to make a significant investment in our company. Another growth milestone came with our acquisition of the real estate development firm Touchstone, known for their innovative urban development. Adding that experience to our roster allows us to take on even more complex projects.
Check out the timeline below for more of our story. And know that we’ll continue to add chapters in the service of our partners, neighbors, and communities.
URG opens its doors at Columbia Center
URG wins NAIOP’s 2009 Historic Renovation of the Year for the Joshua Green Building
URG corporate office moves to Joshua Green Building
7th & Madison acquisition with HAL Real Estate and lease with Polyclinic wins NAIOP’s 2011 Deal of the Year award
Joshua Green Corporation makes a significant investment in URG, becoming the majority stakeholder
1600 Seventh acquisition with Clarion Partners, simultaneous leaseback to CenturyLink, and new lease with Nordstrom wins NAIOP’s 2012 Deal of the Year award
URG and Clarion purchase 1320 Broadway (previously referred to as The Oregonian)
Touchstone acquisition announced
URG enters Denver Market with the purchase of Market Center
URG and Touchstone receive three NAIOP Awards:
URG acquires Langley operating company
1320 Broadway wins NAIOP’s 2016 Redevelopment of the Year
Sale of 1320 Broadway at a record price for Portland
Troy Block wins NAIOP’s 2017 Deal of the Year award
Sale of Troy Block in record-breaking $740M deal
URG purchases Park Place
URG partners with KKR on The Summit and Tower 333 in Bellevue and F5 in Seattle’s CBD
Canvas @ Press Blocks opens in Portland Stadium District
URG partners with KKR to purchase historic 300 Pine building (previously The Bon Marché)
URG partners with KKR to become owner and operator of Lloyd Center
URG purchases 370 Interlocken
Touchstone breaks ground on Chapter Buildings development
URG and Rockwood Capital purchase 380 Interlocken and 390 Interlocken
