C.E. John Co. will be opening a new $5 million project on the banks of the Columbia this spring. The structure is at 2001 S.E. Columbia River Drive, next to Beaches Restaurant & Bar.
Referred to as the Columbia Shores Development, the two-story office condo building has four units totaling 22,450 square feet. KMS Financial Services has already committed to one unit.
The project is an attractive structure, however, office condos can be a bit tricky in good times. Just like any condo situation, you are now sharing ownership of the structural maintenance and upkeep and other obligations with “partners” not of your choosing.
