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News Release
Wells Fargo Center and ops building
Wells Fargo Center and ops building
Wells Fargo sells Portland tower and operations building to Starwood Capital Group (Photo) - 11/14/17

Wells Fargo signs lease for call center in Hillsboro

PORTLAND, Ore. -- Wells Fargo has sold its 40-story Wells Fargo Center building at 1300 S.W. Fifth Ave. in downtown Portland to a controlled affiliate of Starwood Capital Group, a leading global private investment firm.

Terms of the transaction were not disclosed.

The sale includes a five-story operations building across the street from the center at 350 S.W. Jefferson St.

Wells Fargo plans to lease back space and continue to be the anchor tenant in the Wells Fargo Center building, which will retain its name.

The sale will not result in any Wells Fargo employee reductions. Wells Fargo will continue to keep its bank branch and history museum in the building.

Wells Fargo first announced on June 14 that it was putting the property up for sale. The decision to sell is part of a long-term strategic real estate realignment in the Portland market that will enable the company to better serve its team members and manage future growth as customer and business needs change.

Establishing A Call Center in Hillsboro
Wells Fargo has also signed an agreement to lease a building at 23175 N.W. Bennett St. in Hillsboro, starting Jan. 1, 2018, that the company plans to use as a retail banking customer call center.

The building can accommodate up to 900 employees. Wells Fargo plans to relocate some existing team members there as well as new hires.

Wells Fargo will make extensive renovations to the new site and start moving in its first team members next summer. The company plans to start hiring the additional workers late next year.

Job Fair At Beaverton Call Center
In the meantime, Wells Fargo also plans to hire 45 fulltime phone bankers at its Barnhart call center, 18700 N.W. Walker Road in Beaverton. The company will host a job fair there 10 a.m. to 3 p.m. this Saturday, Nov. 18.

All interested applicants are encouraged to apply online at www.wellsfargo.com/about/careers.

If a prospective team member's application is accepted, they will be invited to schedule an on-site interview prior to the career fair. The position pays $14.15-$14.40 an hour with benefits and the opportunity for a quarterly bonus.

Walk-ins are welcome but will only be able to participate in an informational interview at the event.

About Wells Fargo
Serving Oregonians since 1852, Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo provides banking, insurance, investment, mortgage, and consumer and commercial finance services through 8,400 locations; 13,000 ATMs; the internet (wellsfargo.com) and mobile banking. Wells Fargo perspectives are available at Wells Fargo Stories.

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