Activity has definitely picked up post Labor Day, with many firms looking to upgrade their space now that rates are the lowest they’ve been in at least 3 years. The larger tenants are continuing to renew, such as Wells Fargo, but a few are making moves to newer space. McCormick & Schmick’s will be vacating the Morgan Building (720 SW Washington) for a brand new project in the Pearl District called Machine Works. This building has a more industrial look and feel to it, as opposed to the historic architecture of the Morgan Building, reflecting a change in company culture for the restaurant operator.
GeneralBizDex (consulting|finance|insurance|legal|other)
Hampton Management – Sunset Biz Park | 9600 SW Barnes | 24,056 SF
Southwest Financial Services – Parkside Biz Ctr | 8285 SW Nimbus | 1,507 SF
Wells Fargo – Montgomery Park | 2701 NW Vaughn | 128,032 SF renewal
McCormick & Schmick’s HQ – Machine Works | 1455 NW Northrup Ave | 19,250 SF
Whipple & Duyck – Crown Plaza | 1500 SW First Ave | 2,751 SF
Bonneville Billing & Collections – Eastridge Biz Pk | 12013 NE 95th | 2,240 SF renewal
NonProfDex (charitable|education|trade assoc)
Oregon Jewish Museum – 1953 NW Kearney St | 6,400 SF
Mentor Oregon – Multnomah Plaza | 305 NE 102nd Ave | 7,590 SF
TechDex (apps|provider|hardware|var)
SAP America – Triangle Corp Park | 13190 SW 68th | 6,624 SF downsize
Celestial Solstice – Ford Building | 2505 SE 11th | 1,866 SF
Inflow Systems – 11000 Barbur Blvd | 3,000 SF
DesignDex (A/E|consulting|graphic d)
LD Jellison Inc - Eastridge Biz Park | 11805 NE 99th St | 4,320 SF
Radio Popper – Columbia Shores | 501 SE Columbia Shores | 1,752 SF
MediaDex (traditional|digital|research)
Coyote Logistics – Wilsonville Town Ctr | 29100 SW Town Ctr Loop | 4,098 SF
HealthDex (hospital/provider|managed care|equipment)
River City Eyecare – Mount Scott Center | 9201 SW 91st | 2,188 SF