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Archive for June, 2009

 FMYI SETS UP SHOP IN NEW DIGS A great client of mine, Justin Yuen ( @jyuen) of fmyi, recently made the move across the Willamette River into an exciting new property called the LeftBank Project. The brainchild of developer Daniel Deutsch, LeftBank is an excellent example of a creative restoration of historic properties infused with sustainable features. This fact was of great appeal [...]

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Hewlett Packard has finally sold their Vancouver, Washington campus to SEH America (Shin-Etsu Handotai Group), a Japanese manufacturer of solar equipment and computer chip components.  The 174-acre campus, which includes administrative offices, R&D facilities, a basketball court and walking trails among other amenities sold for $55 million after going to the market in 2007 unpriced. In early 2007, HP [...]

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Project lead Gerding Edlen Development is preparing to unveil the design of the Oregon Sustainability Center.  Awarded this project back in March of this year, Gerding Edlen worked with GBD Architects, SERA Architects, Interface Engineering and KPFF Consulting Engineers to  create a building design that incorporates water treatment components, photovoltaics and shading devices. Other key [...]

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 PARK AVENUE WEST REVIVED? It appears that TMT Development has successfully closed a $38 million transaction to recapitalize the 1000 Broadway Building, home to tenants including Hoffman Hart, Sussman Shank, West Coast Bank, and Travel Portland. This new influx of money may mean the developer is poised to restart construction on the Park Avenue West [...]

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Based on an industry survey conducted by AFIRE (Association of Foreign Investors in Real Estate), the top three cities poised for investment dollars are Washington D.C., New York, and San Fran. Washington D.C., as the city to lead the recovery in the investment markets, was overwhelmingly selected with Boston and Los Angeles filling out the top [...]

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TechDex (apps|provider|hardware|var) Central Business District Intercall – 1000 Broadway Building | 1000 SW Broadway | 8,200 SF Westside Pinnacle Security – 3611 SW Hood Ave | 1,769 SF Ebara Technologies – PSI Business Park | 6199 NW Casper Pl | 5,196 SF MediaDex (traditional|digital|research) Central Business District Inavero Institute – Dehen Building | 404 NW 10th [...]

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Gramor Development has submitted plans for a 26-acre strip of offices, stores, homes, parks and an amphitheater along the Columbia River. The former Boise Cascade paper mill site requires a connector road to Vancouver’s Central Business District. Plans to begin work on the project is slated for 2011 with the construction of five to six [...]

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After the loss of Panasonic’s 142,000 square foot plasma screen manufacturing business in mid 2008, the Port of Vancouver has now leased 59,400 square feet of the facility to Oregon-based Turner Construction as a new headquarters. Turner, who already occupies 36,000 square feet at Columbia Business Center in Vancouver, will move their steel fabrication business into [...]

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As is often the case, activity has picked up quite a bit in the second quarter of 2009 while businesses try to finalize budgets for a fiscal year ending June 30th. Of particular note in this week’s list of moves is a client of mine,  fmyi, an online workspace services firm with Justin Yuen at the helm. [...]

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Obviously, the activity level has picked up over the last two weeks. In particular, financial services groups are making moves, for the most part to restructure and cut rental costs by either downsizing the amount of square feet they need or lowering their rent obligations. GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Cable Huston – Congress Center [...]

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