Groundbreaking has begun on a new $43.5 million Applied Technology facility at the WSU Vancouver Campus. In part, the construction of this facility is designed to attract students and build on the local region’s growing technology industry.
The new four-story building will be home to 56,000 square feet of lab and classroom space for a new electrical [...]
Archive for August, 2009
WSUV Builds Applied Technology Facility
Posted in build to suit, commercial real estate, vancouver, tagged Applied Technology, build to suit, square feet, washington state university, WSUV on August 31, 2009 | Leave a Comment »
Who’s On The Move – Week Ending 8/28/09
Posted in Forecast, Green Building, LEED, Vacancies, commercial real estate, data centers, headquarters, lease, new office, office brokerage, office space, portland, square feet, sublease, vancouver, tagged bank of america financial center, benefit partners, Columbia gorge corporate center, columbia tech center, Fit Right NW, infinity impressions, kruse way, lake oswego counseling, lease, LEED, nationwide, office space, premier property, renewal, scottrade, softsource, solar nation, square feet, SunPower, sustainable, The LoveJoy, two lincoln, Washington State University Vancouver, WSUV on August 31, 2009 | Leave a Comment »
Recent Building Sales
Westside
Buyer: Fit Right Northwest
Seller: American Industries
Property: 2258 NW Raleigh, Portland, OR 97210
Size: 5,000 SF
Price: $800,000
SustainDex (environmental|sustainable|clean_biotech)
Central Business District
SunPower – The LoveJoy | 1331 NW Lovejoy | 2,458 SF
Eastside
Solar Nation – Columbia Gorge Corp Ctr | 17116 NE Sandy | 8,375 SF
GeneralBizDex (consulting|finance|insurance|legal|other)
Central Business District
Benefit Partners – Bank of America | 121 SW Morrison | 2,450 [...]
Who’s On The Move – Week Ending 8/21/09
Posted in Uncategorized, tagged addus health care, Amberhill Properties, bank of america financial center, Bonneville Power Administration, BPA, Cadence, Calyptus, Columbia Surveys, cornell oaks, Eastridge Business Park, hilltop business center, holladay park, lease, medius medical, moved, NLJ Advisors, Novogradac, office space, OIRE Oregon, Otak, Portland Village School, relocated, SHC services, square feet, Total Assets Management, triangle coporate park, Vancovercenter, Westat, William J Conley on August 24, 2009 | Leave a Comment »
Recent Building Sales:
Westside
Buyer: City County Insurance Services
Seller: Haines Building LLC
Property: 11625 and 11675 SW 66th St., Tigard, Oregon
Size: 13,563 SF
Price: $2.25 million
Buyer: Kashi Management Inc.
Seller: Hancar LLC
Property: 10101 S.W. Barbur Blvd., Portland, Oregon
Size: 10,986 SF
Price: $1.325 million.
HealthDex (hospital/provider|managed care|equipment)
Vancouver
Addus Health Care – EastRidge Biz Park | 11805 NE 99th | 1,536 SF
Westside
Medius Medical Concepts – [...]
Banks Hot For Vancouver
Posted in build to suit, commercial real estate, lease, new office, office brokerage, office space, square feet, vancouver, tagged banks, commercial property, kassab, office space, prestige development, square feet, sturgeon, TMT, vancouver on August 19, 2009 | Leave a Comment »
Apparently downtown Vancouver is quickly becoming a hotbed of activity for banks. With so many financial institutions making the move into into the core over the last three years (albeit some of them have not survived this past year – Bank of Clark County for one), one might think Vancouver was on track to becoming [...]
Who’s On The Move – Week Ending 8/14/09
Posted in Forecast, Green Building, LEED, Trends, Vacancies, build to suit, commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, sublease, vancouver, tagged aubertine draper rose, ciber inc, columbia tech center, DHS, edith green wendell wyatt, evers coverings, fair housing council, first place plaza, GSA, LEED, management recruiters, merchant hotel building, mrinetwork, NWELA, on3p, portland rescue mission, red giant software, scholls business center, vancouvercenter, wilcox building on August 18, 2009 | Leave a Comment »
Government Services Agencies looking for new offices
The Edith Green Wendell Wyatt Federal Building is slated to begin massive renovations at the end of this year or early 2010. The $133 million project will cover seismic upgrades, new windows, HVAC and security system overhauls among other things. This project was first considered back in 2007, but [...]
Who’s On The Move – Week Ending 8/7/09
Posted in Forecast, LEED, Trends, Vacancies, commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, vancouver, tagged auctionpay, bradshaw international, commercial real estate, lease, northstar consultants, office buildings, office space, oregon education association, plas2fuel, relocation, renewal, rental rates, square feet, strategic investment group, sublease, trammell crow residential on August 10, 2009 | Leave a Comment »
NonProfDex (charitable|education|trade assoc)
Eastside
Oregon Education Assoc. – MMC Building | 333 SW 223rd, Gresham | 3,445 SF
TechDex (apps|provider|hardware|var)
Westside
AuctionPay – Tigard Triangle Corp Ctr | 13221 SW 68th | 14,580 SF renewal
MediaDex (traditional|digital|research)
Central Business District
Bradshaw International – 4800 SW Macadam | 2,794 SF
GeneralBizDex (consulting|finance|insurance|legal|other)
Central Business District
Strategic Investment Group – River Forum I | 4380 SW Macadam | 2,143 SF
Trammell [...]
General Automotive Building Goes LEED Platinum
Posted in Green Building, LEED, Trends, Vacancies, build to suit, commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, tagged conoverbond, historic renovation, LEED, NNN, office building, office space, platinum, square feet, urban redevelopment on August 7, 2009 | 1 Comment »
The General Automotive Building (411 NW Park) premiered it’s brand new look on August 6th, including two floors added to the top of the building. The developers, ConoverBond Development, focus on urban redevelopment projects including historic building renovations. This is a fairly new venture for them in the Portland market.
The building is located on the North Park Blocks [...]
Multifamily Vacancy Actually Low in Portland
Posted in Forecast, Trends, Vacancies, build to suit, building sale, commercial real estate, lease, oregon, portland, square feet, tagged apartments, condominiums, condos, lease, MSA, multifamily, square feet, street of dreams, vacancy rate on August 6, 2009 | Leave a Comment »
Despite the glut of condos on the market, Portland’s multifamily vacancy rate is relatively low compared to other markets in the U.S. According to a report issued by commercial real estate tracker CoStar, the national vacancy rate for this type of property was 10.6% at the end of the second quarter. This is a jump from a [...]
A Tsunami of Debt Headed For Our Shores
Posted in Forecast, Trends, Vacancies, building sale, commercial real estate, lease, new office, office brokerage, office space, square feet, tagged 2011, cmbs, commercial assets, commercial mortgage, commercial property, lease, lenders, office buildings, office space, property values, square feet, valuation on August 5, 2009 | Leave a Comment »
Just today, I was discussing this very topic with people I met at a local lunch event. The impending commercial mortgage issue is a doozy and while the economy is showing signs of bottoming out and turning toward a slow, slow recovery many believe this is a recession/recovery looking more like a “W” than a “V” or “U”. [...]
The Front Porch- Despite federal support, Portland housing market stumbles in February March 17, 2010FRONT PORCH BLOG: The inventory of homes for sale, a key measure of whether supply outpaces demand, rose in February. The trend runs counter to typical seasonal patterns and suggests a rising supply that could dampen home prices.
- Despite federal support, Portland housing market stumbles in February March 17, 2010
- National Real Estate Investor
- PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010 March 16, 2010PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010
- PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010 March 16, 2010
- Retail Traffic
- PREIT Closes on a $670M Secured Credit Facility March 16, 2010Pennsylvania Real Estate Investment Trust closed on a secured credit facility with $520 million in term loans and a $150 million revolving line of credit.
- PREIT Closes on a $670M Secured Credit Facility March 16, 2010
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