Under Armour makes bold Portland expansion, leases former YMCA

[maccoinnich]

Under Armour makes bold Portland expansion, leases former YMCA



Under Armour is bringing more of the fight to Nike's backyard.

The company on Monday confirmed it plans to grow its footwear and innovation operations in Portland. The confirmation followed Business Journal inquiries last week about the sale of a nearly 70,000-square-foot former YMCA immediately south of downtown.

"As Under Armour continues its global expansion, Portland has emerged as a strategic hub for the brand, specifically in footwear and innovation," the company said in a statement. "We are excited to grow our footprint in the city."

Sources have confirmed that Under Armour signed a long-term lease for the building. It's expected to move into the building in 2016 after a multi-year renovation.

...continues at the Portland Business Journal.