It appears that post Labor Day activity has picked up as businesses seem to be over the panic of a dropping market. Tenants continue to be cautious and careful with their expenses, but also recognize some excellent opportunities to secure low market rents and even make moves into higher quality space. DesignDex (A/E|consulting|graphic d) Central Business [...]
Archive for September, 2009
Who’s On The Move – Week Ending 9/25/09
Posted in commercial real estate, downsizing, Green Building, headquarters, lease, LEED, new office, office brokerage, office space, oregon, portland, square feet, sublease, tagged Ambassador Center, ash creek associates, available space, BG Plaza, columbiasoft, commercial real estate, enviromedia, griffin underwriting, inflow systems, lease, minarik, nds surgical, north star consultants, office buildings, office space, orbit medical, pacific corporate center, rent per square foot, scheller financial, scholls business center, talon group, vacancy, white stag block on September 28, 2009 | Leave a Comment »
The Call of the Distressed
Posted in building sale, commercial real estate, downsizing, Forecast, lease, office brokerage, office space, oregon, portland, retail brokerage, square feet, Trends, Vacancies, vancouver, tagged cmbs, commercial loans, costar, default, delinquency, distressed properties, flex, industrial, office, plummeting values, retail, specially serviced loans, square feet, vacancy on September 24, 2009 | Leave a Comment »
According to a new report from Costar News, the number of properties under distress and delinquent loans are up by 50% in 2009. Some eye-popping statistics include: Specially Serviced CMBS Loans – loans that are delinquent or reached maturity without pay off or have ongoing issues with credit problems involving tenants or borrowers. Jan. 2009 – [...]
Big Tech Not Goin’ So Big
Posted in build to suit, building sale, commercial real estate, downsizing, Forecast, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, sublease, Trends, Vacancies, vancouver, tagged AmberGlen, carlyle investment, commercial real estate, credence, cutbacks, downsizing, flex space, hewlett packard, hillsboro, HP, lease, leaseback, ltx, magnachip, office space, planar, portland, R&D, sale, square feet, sublease, tektronix, vancouver on September 22, 2009 | Leave a Comment »
As many of you know, LTX-Credence made the decision to pull much of their presence from Hillsboro, Oregon last year. It started with the company announcing it’s sale-leaseback deal in January 2008. The two building portfolio (72,000 SF and 112,000 SF between the two structures) was sold to local real estate investor/owner Barry Menashe for a cool [...]
Who’s On The Move – Week Ending 9/18/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, vancouver, tagged allstate, attorney, benson industries, clear access, columbia shores, commercial real estate, Eastridge Business Park, econorthwest, expansion, fremont place, jerry hall, koin center, lease, mill plain boulevard, office lease, office space, relocation, renewal, square feet, vancouver, vancouver square, waste connections, willis insurance on September 21, 2009 | Leave a Comment »
TechDex (apps|provider|hardware|var) Vancouver Clear Access – Columbia Shores | 501 SE Columbia Shores | 8,269 SF SustainDex (environmental|sustainable|clean/bio tech) Vancouver Waste Connections – Columbia Shores | 501 SE Columbia Shores | 9,393 SF Central Business District ECONorthwest – KOIN Center | 222 SW Columbia | 9,833 SF GeneralBizDex (consulting|financial|insurance|legal|other) Central Business District Willis Insurance – [...]
Blockbuster to start closing stores – big shock really?
Posted in building sale, commercial real estate, downsizing, lease, retail brokerage, square feet, Trends, tagged 8k form, blockbuster, closures, commercial real estate, lease, retail space, square feet on September 17, 2009 | Leave a Comment »
It’s not really a surprise that Blockbuster Video has filed an 8k form to begin closing a ton of stores around the country. With the onset of Netflix and other options that allow more flexibility (I don’t have to get out of my chair at home) for home movie viewing, it was just a matter [...]
High Times For Tenants in 2010
Posted in building sale, commercial real estate, data centers, downsizing, Forecast, lease, new office, office brokerage, office space, oregon, portland, retail brokerage, square feet, start up, sublease, Trends, Vacancies, vancouver, tagged commercial loans, commercial real estate, cost basis, DCR, debt coverage ratio, lease, loan to value, LTV, office space, retail space, tenants on September 15, 2009 | Leave a Comment »
Many industry experts are predicting 2010 as one of the best year’s for tenants in a long, long time. Why? Because as more commercial properties exchange hands (whether through foreclosure or preemptive moves by distressed owners/banks) the cost basis for new owners will be significantly lower than for the previous asset holders. This will, in turn, push rents [...]
Who’s On The Move – Week Ending 9/11/09
Posted in commercial real estate, downsizing, Green Building, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, sublease, Vacancies, vancouver, tagged 3 town center, airport business center, american forest resource council, commerce circle, commercial real estate, cooper zeitz, coppersmith inc, creekside coporate center, desoto building, development, inovise, kruse way, lease, ochin, office building, office buildings, office space, overland agency, perceptive pixel, prichard communications, riverside centre, square feet, steel canyon enterprises, sublease, union bank of california on September 15, 2009 | Leave a Comment »
TechDex (apps|provider|hardware|var) Westside Perceptive Pixel – Kruse Way Place 1 | 4000 Kruse Way | 2,152 SF Biamp – Nimbus Corp Ctr | 9300 SW Gemini Dr | 70,944 SF Central Business District OCHIN – Union Bank of Cal | 707 SW Washington | 5,094 SF sublease MediaDex (traditional|digital|research) Central Business District Overland Agency – [...]
Commercial Loan Delinquency Rates Escalate
Posted in commercial real estate, Forecast, square feet, Trends, Vacancies, tagged cmbs, commercial real estate, delinquent loans, devaluations, fannie mae, fdic, freddie mac, mortgage bankers association on September 11, 2009 | Leave a Comment »
The latest report from the Mortgage Bankers Association (MBA) reflects a rise in delinquency rates on commercial real estate loans. The delinquency rate on commercial mortgage-backed securities (CMBS) overdue by 30 days or more escalated from 1.85% to 3.89% from first to second quarter. Fannie Mae backed loans with a 60 day delinquency rose from 0.34% [...]
Who’s On The Move – Week Ending 9/4/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, Vacancies, tagged cascade education, college of legal arts, commercial real estate, Environmental Federation, executive center, griffith park, iberdrola renewables, interactive northwest, kennec, McMorgan, office lease, office space, Planned marketing solutions, pmsi, southcenter, spalding building, square feet, yeon business center on September 8, 2009 | Leave a Comment »
SustainDex (environmental|sustainable|clean/bio tech) Central Business District Environmental Federation of Oregon – Spalding Bldg | 319 SW Washington | 1,036 SF Iberdrola Renewables – Brewery Block 2 | 1125 NW Couch| 3,550 SF expansion Westside Kennec – Executive Center | 12725 SW 68th Pkwy | 4,750 SF GeneralBizDex (consulting|insurance|finance|legal|other) Westside McMorgan & Co – Griffith Park [...]
Infrastructure Work Begins for Fisher Investments Complex
Posted in build to suit, commercial real estate, Forecast, Green Building, headquarters, lease, new office, office brokerage, office space, square feet, vancouver, tagged build to suit, business friendly climate, columbia tech center, commercial real estate, fisher investments, lease, office space, pactrust, relocation, square feet on September 8, 2009 | Leave a Comment »
The roadwork has started in Camas that could someday lead to a $30 million complex for Fisher Investments, expected to break ground next year. The 150-acre site could become corporate headquarters for the $30 billion firm, which employs about 1,200 people total, including about 200 workers in an east Vancouver office. The project is comprised of two six-story office [...]
National Real Estate Investor- RECon 2012 Roundup May 25, 2012A myriad of project announcements, deals and product launches came during ICSC’s RECon show in Las Vegas. Here’s a rundown of some of the news.
- RECon 2012 Roundup May 25, 2012
- JLL GreenBlog
- Sustainability Initiatives and Shareholder Value (VIDEO)Posted by: Michael Jordan Strategic Consulting Many service companies are developing sustainability programs, but few are actually integrating sustainability into their core business activities. In the video below, I describe the experience of KeyBank, which is creating a sustainability program focused on shareholder value. Recycling and energy efficiency pr […]
- Sustainability Initiatives and Shareholder Value (VIDEO)
- Retail Traffic
- RECon 2012: A Return to Normalcy May 24, 2012At ICSC's RECon 2012 there was optimism. There were full halls. And, most importantly, deals were getting done.
- RECon 2012: A Return to Normalcy May 24, 2012
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