Our Second Quarter Report for the Vancouver submarket is out and the news is less than uplifting. All of the Vancouver submarkets are now in double digit territory for vacancy rate. Rental rates are still on a steady decline while tenant improvement allowances are becoming more challenging to pencil out for landlords. Lease terms are shorter, 2-3 years, [...]
Archive for July, 2009
Vancouver SnapShot
Posted in build to suit, building sale, commercial real estate, downsizing, Forecast, headquarters, lease, new office, office brokerage, office space, square feet, start up, sublease, Vacancies, vancouver, tagged cascade park, CBD, evergreen plaza, lease, nautilus, office space, rental rates, square feet, vacancy, vancouver on July 30, 2009 | Leave a Comment »
Who’s On The Move – Week Ending 7/24/09
Posted in build to suit, commercial real estate, downsizing, Forecast, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, Trends, Vacancies, tagged board of dentistry, city of portland, compression engineering, elynx, expansion, extension, fresenius medical, galt usa, HNTB, hoyle company, IES, kennedy bowles, lease, oakwood worldwide, office space, red hills holdings, renewal, silver oaks, square feet, stoutt executive, western architectural, young audiences on July 27, 2009 | Leave a Comment »
TechDex (apps|provider|hardware|var) Westside ELynx – Creekside Corp Park | 9205 SW Gemini Dr. | 12,705 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Galt USA – Four Lincoln Center | 10250 SW Greenburg | 2,123 SF extension Kennedy Bowles – US Bancorp Tower | 111 SW Fifth Ave | 2,646 SF renewal Red Hills Holdings – 1330 [...]
Who’s On The Move – Week Ending 7/17/09
Posted in commercial real estate, Forecast, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, Trends, Vacancies, tagged chiropractic, commercial real estate, dental space, fiscus stoneman, inkwell creative, interior technology, law firm, new lease, NWREL, office space, renewal, spear creative, square feet, trivium systems, zink media on July 20, 2009 | Leave a Comment »
MediaDex (traditional|digital|research) Eastside Inkwell Creative – Airport Business Park W | 7911 NE 33rd | 3,228 SF Westside Zink Media – Raleigh View Plaza | 7412 SW Beaverton Hillsdale | 1,777 SF GeneralBizDex (consulting|finance|insurance|legal|other) Eastside Andrew Spear Creative – U Store East | 1100 NE 28th | 2,292 SF Westside Fiscus & Stoneman – One [...]
Nautilus Gives Back Mammoth HQ
Posted in build to suit, commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, square feet, sublease, Vacancies, vancouver, tagged columbia tech center, headquarters, hewlett packard, HP, lease, lease cancellation, nautilus, office space, seh america, vancouver on July 18, 2009 | Leave a Comment »
In a move that has long been rumored to occur, Nautilus finally made public their intentions to cancel their current lease on 482,538 SF of office space. Nautilus will pay an early termination fee of $1.9 million and re-lease 93,099 square feet for corporate offices. The new lease reflects a $16.00/SF rate. The company also [...]
The Next Real Estate Quake
Posted in commercial real estate, downsizing, Forecast, lease, new office, office brokerage, office space, square feet, Trends, Vacancies, tagged california, commercial real estate, lease, loan to value, maturing debt, office buildings, office vacancy, oregon, real capital analytics, square feet, unemployment rate, upside down mortgage, volatility on July 8, 2009 | Leave a Comment »
The national office vacancy rate is inching toward 17% and a significant number of maturing loans are coming due in the next 18-24 months. As a result, building owners are pressing hard to retain tenants and clean up balance sheets before the next real estate aftershock. A year ago, owners believed they could offer more generous tenant improvement [...]
Camas to Benefit from “Hostile” Bay Area Business Climate
Posted in build to suit, commercial real estate, headquarters, LEED, new office, office brokerage, office space, square feet, vancouver, tagged acres, build to suit, camas, fisher investments, ken fisher, office campus, square feet, vancouver, washington real estate on July 6, 2009 | 1 Comment »
Vancouver may land a real catch in Fisher Investments. The firm, which manages $30 billion in stocks and bonds and oversees government pensions and finances for large corporations such as Boeing and Volvo, currently employs 200 people in temporary space at Columbia Tech Center. But founder/CEO and best-selling author, Ken Fisher, has repeatedly said he intended to move their headquarters out [...]
California Building Owners Face IOUs
Posted in commercial real estate, downsizing, Forecast, headquarters, lease, new office, office brokerage, office space, square feet, sublease, Vacancies, tagged budget deficit, california budget, foreclosure, GSA, iou, office leases, square feet, state assembly, state registered warrants on July 1, 2009 | 1 Comment »
California’s massive budget problems are finally culminating in IOU’s being issued to vendors and providers to the State, including building owners leasing space to various state government departments. With a $24 billion budget deficit and no solution in sight, the Governator and State Assembly must start issuing registered warrants (IOUs) to vendors due to a [...]
National Real Estate Investor- NYC Remains a Top Investment Target for Multifamily Buyers February 6, 2012
- JLL GreenBlog
- Sustainability’s arch-enemy: short-termismPosted by: Dave Gralnik Energy and Sustainability A United Nations Environmental Programme (UNEP) report last week found that the biggest obstacle to corporate sustainability is “financial short-termism”. Of the 642 experts surveyed, 88 percent see the pressure for achieving short-term financial results as a barrier to companies taking stronger action on […]
- Sustainability’s arch-enemy: short-termism
- Retail Traffic
- DDR Launches Tenant Incubator Program February 3, 2012The program will help new business owners set up shop at DDR properties.
- DDR Launches Tenant Incubator Program February 3, 2012
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