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 [...]
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 lease, square feet, office space, sustainable, kruse way, LEED, renewal, columbia tech center, The LoveJoy, SunPower, bank of america financial center, nationwide, softsource, premier property, solar nation, benefit partners, scottrade, infinity impressions, lake oswego counseling, Columbia gorge corporate center, two lincoln, WSUV, Washington State University Vancouver, Fit Right NW 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 [...]
Who’s On The Move – Week Ending 8/21/09
Posted in Uncategorized, tagged lease, square feet, office space, relocated, hilltop business center, Eastridge Business Park, medius medical, Cadence, addus health care, SHC services, Total Assets Management, William J Conley, OIRE Oregon, Westat, Novogradac, Calyptus, NLJ Advisors, Amberhill Properties, Bonneville Power Administration, BPA, Columbia Surveys, Otak, Portland Village School, Vancovercenter, triangle coporate park, bank of america financial center, holladay park, cornell oaks, moved 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 [...]
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, [...]
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 [...]
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 [...]
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 lease, square feet, vacancy rate, multifamily, apartments, condos, MSA, condominiums, street of dreams 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 | 1 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”. [...]