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Archive for May, 2009

ZIBA HQ INTERIOR SNEAK PREVIEW Recently, I had a chance to see the interiors of the new Ziba Headquarters Building in the Pearl District. The building is slated for completion and occupancy in August with Ziba taking the entire 2nd floor and 3rd floors.   The interior design reminds me a bit of the Weiden+Kennedy offices with floating [...]

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Slated for the corner of SW 13th and Burnside, the Weave Building, a Skylab Architecture designed office building, is now including a rooftop garden with 2,500 square feet of plantings and around 750 square feet for people to enjoy them. Skylab is known around Portland for designing such popular hangouts as the Doug Fir and Departure (The [...]

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GREEN LEASES – HOW TO AVOID PAYING TOO MUCH GREEN TO BE GREEN With the official “push” by both state and federal government to attract and build up the sustainable practices industry, it’s no wonder that “green” leases are becoming increasingly popular across a wide swath of industries. But this is unchartered territory, so plan [...]

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Due for completion in December 2009, the Willamette Block, located at 722 SW Second on the corner of Yamhill, is currently undergoing a $7 million renovation in preparation for the arrival of Portland Community College staff and administrators. The 35,000 square foot building used to house the U of O Duck Shop until the University of [...]

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One of Portland’s successful startups, Elemental Technologies, has found a new home in a downtown location. The software firm has leased 4,500 square feet  (just a little over half a floor) on the 4th floor of the 620 Building (620 SW Fifth Avenue). The building is 12 stories tall with 103,000 square feet of space. [...]

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It appears Iterasi is seeking a subtenant for their offices at the Pioneer Park Building in downtown Portland. The local software firm made the leap across the Columbia River last summer into 4,141 SF of office space overlooking Pioneer Square. Their space is now being marketed for sublease by a local real estate firm as [...]

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C.E. JOHN BUILDING LANDS BANK TENANT Regents Bank has leased one of four offices in the C.E. John Co.’s new two-story building along the Columbia River at 2001 S.E. Columbia River Drive, next door to Beaches Restaurant & Bar. The bank will move a staff of 13 employees into the ground-floor space this fall. Regents [...]

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While the fed report indicates our banking system can further endure a recession (pass the stress test), there is still a river full of troubled waters ahead for many.  For starters, banking system discussions by the government  have largely focused on big institutions with little or no information shared regarding smaller banks. But more than 150 small and medium-sized U.S. banks are currently failing and expected to [...]

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With the recent exit of numerous retail, and some office, tenants in downtown, the relocation of a thriving financial group to the Vancouver CBD is a welcomed change. iQ Credit Union has made the move into a new headquarters building located in downtown Vancouver.  The $10.5 million office building will hold 40 employees for the [...]

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 Our First Quarter Report was released early last week and the numbers bear out what we predicted back in December 2008, which is to say vacancy is up and rates are down.  August is the predicted low point with flat growth through the balance of 2009. A few tips to keep in mind if you [...]

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