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 [...]
Archive for June, 2009
Who’s On The Move – Week Ending 6/26/09
Posted in commercial real estate, data centers, downsizing, Forecast, headquarters, lease, new office, office brokerage, office space, oregon, retail brokerage, square feet, start up, sublease, Trends, vancouver, tagged American Family Insurance, biamp, Bishop Creek Development, BLIS, bon appetit, bridgeport, Cadence, fmyi, GreyHawk Technologies, International Air, lease, leftbank project, medius medical, office space, relocate, Sojitz, square feet, Total Asstes Management, Turner, Uniforce Staffing on June 29, 2009 | Leave a Comment »
HP Campus Sells For $55 Million
Posted in building sale, commercial real estate, data centers, downsizing, headquarters, lease, new office, office space, square feet, vancouver, tagged headquarters, hewlett packard, HP, office space, sale, seh america, square feet, vancouver on June 26, 2009 | 2 Comments »
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 [...]
Sustainability Center Designs Unveiled
Posted in build to suit, commercial real estate, data centers, Green Building, headquarters, lease, LEED, new office, office space, oregon, portland, square feet, Trends, tagged GBD, gerding edlen, interface engineering, KPFF, living challenge standards, office space, SERA, square feet, sustainability center on June 24, 2009 | Leave a Comment »
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 [...]
Investment Survey Shows Perception Shift
Posted in building sale, commercial real estate, Forecast, office space, oregon, portland, Trends, Vacancies, vancouver, tagged AFIRE, debt, industrial properties, investment, multifamily, office properties on June 17, 2009 | Leave a Comment »
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 [...]
Vancouver Waterfront Development Plans Submitted
Posted in build to suit, commercial real estate, Green Building, headquarters, lease, LEED, new office, office brokerage, office space, retail brokerage, square feet, Trends, vancouver, tagged boise cascade, columbia river, commercial real estate, gramor development, office buildings, office space, square feet, vancouver, waterfront park on June 11, 2009 | Leave a Comment »
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 [...]
Port of Vancouver Replaces Panasonic Loss
Posted in commercial real estate, headquarters, lease, square feet, Vacancies, vancouver, tagged commercial real estate, headquarters, industrial space, manufacturing space, panasonic, port of vancouver, square feet, turner construction, vancouver, washington on June 10, 2009 | Leave a Comment »
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 [...]
Who’s On The Move – Week Ending 6/6/09
Posted in commercial real estate, office brokerage, downsizing, sublease, start up, headquarters, office space, lease, new office, square feet, oregon, vancouver, tagged lease, square feet, office space, commercial real estate, portland, vancouver, fmyi, verizon, telelanguage, level 3, c2media, kaiser permanente, stearns lending, scr, remedy intelligent staffing, nw pilot project, nw indian health board, roxbury capital on June 8, 2009 | 2 Comments »
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. [...]
Who’s On The Move – Week Ending 5/28/09
Posted in commercial real estate, downsizing, headquarters, lease, LEED, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, Vacancies, tagged acumen financial, bowersox, cable huston, cobalt mortgage, congress center, dealer services, fmyi, jim beam, key bank, leased, leftbank bulding, linea recta, maclaren whearty, Metlife, new office, provident, purple language services, renewal, SCRAP, square feet, state of oregon, washington trust on June 2, 2009 | Leave a Comment »
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 [...]