TechDex (apps|provider|hardware|var) Central Business District Shiftwise – Harrison Square | 1800 SW First Ave | 6,988 SF Westside Arrow Electronics – Creekside 6 | 8905 SW Nimbus | 5,952 SF HealthDex (hospital/provider|managed care|equipment) Vancouver Interdent – First Place Plaza | 12503 SE Mill Plain Blvd | 3,221 SF Kurt Davis, DPM – Two River Place [...]
Archive for November, 2009
Who’s On The Move – Week Ending 11/27/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, square feet, start up, sublease, Vacancies, vancouver, tagged arrow electronics, chicago title, commercial real estate, concorde career, holland knight, interdent, lease, office building, office space, rental rate, sage harbor ira, shiftwise, square feet, weyerhaeuser on November 30, 2009 | Leave a Comment »
Who’s On The Move – Week Ending 11/20/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, square feet, start up, sublease, vancouver, tagged columbia pacific maritime, commercial real estate, crowd factory, epic land solutions, forest city trading, lease, merrill lynch, office building, office space, principal, relocate, renewal, rental rate, repower, square feet, sublease, systems management, transcore, vacancy on November 23, 2009 | 1 Comment »
SustainDex (environment|sustainable|clean/bio tech) Eastside RePower – 158th Commerce Pk | 16035 NE Cameron Blvd | 12,750 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Construction Systems Mgmt – Spalding Bldg | 319 SW Washington | 615 SF Principal Real Estate Investors – NW Corp Park | 3481 NW Yeon | 13,200 SF Eastside C&P Attorneys – Sunnybrook [...]
A Penny On The Dollar – So Goes The Silverdome
Posted in building sale, commercial real estate, headquarters, square feet, tagged auction, commercial real estate, detroit, devaluation, lions, pistons, pontiac silverdome, sale price, square feet on November 21, 2009 | Leave a Comment »
Most folks have heard about the Pontiac Silverdome selling for pennies on the dollar. That’s apparently an overstatement, as the stadium actually sold forcloser to one penny on the dollar. Built in 1975, the Silverdome has been home to the Detroit Lions and the Detroit Pistons over time. It costs the city of Pontiac $1.5 million to maintain. This month [...]
CMBS Delinquencies On The Rise
Posted in building sale, commercial real estate, downsizing, Forecast, lease, new office, office brokerage, office space, rental rate, square feet, Trends, Vacancies, tagged cmbs, commercial real estate, delinquency, job losses, leases, mortgage, office space, securities, square feet, tenants, underperforming loans on November 21, 2009 | Leave a Comment »
It would appear the world of commercial real estate is only just beginning to show it’s true frailty as a result of the recession. Continued job losses have led to increased loan defaults. Add on hotel underperformance and you have the makings of yet another increase in Commercial Mortgage-Backed Securities (“CMBS”) delinquencies. CMBS late-pays in the U.S. jumped [...]
Who’s On The Move – Week Ending 11/13/09
Posted in building sale, commercial real estate, downsizing, headquarters, lease, LEED, new office, office brokerage, office space, oregon, portland, rental rate, square feet, start up, sublease, Vacancies, vancouver, tagged bridgewater group, fidelity national title, global logistics, GSA, haglund kelley, inkwell creative, mcbru, moso graphics, Opus solutions, OTR, paramount building solutions, systems management on November 16, 2009 | Leave a Comment »
TechDex (apps|provider|hardware|var) Central Business District Systems Management – Willamette Park | 6400 SW Macadam | 1,973 SF sublease OTR – Congress Center | 1001 SW Fifth Ave | 2,167 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Haglund & Kelley Law – 200 Market Bldg | 200 SW Market St | 8,573 SF Westside Global Logistics – Sunset [...]
On Waldenbooks
Posted in commercial real estate, downsizing, Forecast, lease, oregon, portland, rental rate, retail brokerage, square feet, Trends, Vacancies, vancouver, tagged borders books, closures, commercial real estate, downsizing, rent per square foot, retail space, square feet, store closing, waldenbooks on November 14, 2009 | Leave a Comment »
Waldenbooks, a division of Borders, is closing 200 stores nationwide and eliminating 1,500 jobs. The stores have been closing down, 66 a year on average, since 2001. Following this latest round of closures in January 2010, there will be 130 stores remaining. The typical Borders store size is 25,000 square feet while Waldenbooks runs closer [...]
Survivor: American Business
Posted in commercial real estate, downsizing, Forecast, new office, office space, Trends, tagged bureau of labor statistics, commercial real estate, job expansion, lay off, office space, recession, recovery, square feet, unemployment on November 14, 2009 | Leave a Comment »
According to a recent report from the US Bureau of Labor Statistics (BLS), the US unemployment rate has climbed to 10.2% and 7.3 millions jobs have been lost since the start of the recession in December 2007 (remember, analysts backdated once they discovered the economy was on a crash course in April 2008). What this [...]
Who’s On The Move – Week Ending 11/06/09
Posted in building sale, commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, retail brokerage, square feet, vancouver, tagged acumed, byers hurlburt, commercial real estate, lease, morones young, office space, portland metro association of realtors, rental rate, retail space, solar city, square feet, tri state employment, umpqua on November 9, 2009 | Leave a Comment »
SustainDex (environmental|sustainable|clean/bio tech) Eastside Sustainable NW Wood – 225 SE Division Pl | 7,500 SF Solar City – Airport Biz Ctr | 6645 NE 78th | 855 SF GeneralBizDex (consulting|finance|insurance|legal|other) Central Business District Umpqua Investments – Lakeview Village | 385 SW First | 2,941 SF Morones Young Valuations – 625 SW Broadway | 2,704 SF [...]
No Back To The Future For CRE
Posted in commercial real estate, downsizing, Forecast, lease, office brokerage, office space, rental rate, retail brokerage, square feet, Trends, Vacancies, tagged cmbs, commercial real estate, cre, devaluation, fitch, office space, rental rate, square feet on November 5, 2009 | Leave a Comment »
In keeping with Huey Lewis’ popular 80′s movie song “Back in Time”, it appears that is where commercial real estate (CRE) is headed. Over the past two years we have seen extensive damage from the devaluation of commercial real estate assets acquired during the peak years of 2006-2007. But now a new concern is rising that properties [...]
Who’s On The Move – Week Ending 10/30/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, retail brokerage, square feet, start up, sublease, Vacancies, vancouver, tagged airgas, american ultraviolet, batrud middleton, chockstone, lease, merida latina, office space, optioncare, p&g associates, precision estimating, propel insurance, rate per square foot, renewal, rental rate, sublease, transformations spa, wellpartner on November 2, 2009 | Leave a Comment »
HealthDex (hospital/provider|managed care|equipment) Central Business District Dr. Linda Grounds – 1130 SW Morrison | 936 SF Westside VA NW Health Network – VA Medical Center | 1750 Blankenship Rd | 9,750 SF WellPartner – PacTrust Biz Ctr | 7216 SW Durham Rd | 34,023 SF renewal Vancouver OptionCare – EastRidge Biz Park | 12117 NE [...]