Retail continues to take hits from slumping spending as the “waiting” game comes to a close for many. Here are few updates on national chains unable to ride out the storm any longer: The Walking Company On the heels, no pun intended – well maybe, of a previous post regarding the closure of many stores, The [...]
Archive for January, 2010
Retail Closures Continue in 2010
Posted in building sale, commercial real estate, downsizing, lease, rental rate, retail brokerage, square feet, Trends, Vacancies, tagged albertsons, bankruptcy, cerberus, closings, commercial real estate, crabtree & evelyn, daphnes, exit plan, rental rate, square feet, walking company on January 29, 2010 | 1 Comment »
National Office Market Shows Positive Activity In Fourth Quarter
Posted in commercial real estate, Forecast, office space, rental rate, square feet, Trends, Vacancies, tagged commercial real estate, lease, mid atlantic, midwest, mountain west, net absorption, northeast, office space, rental rate, southeast, square feet, vacancy, west coast on January 29, 2010 | Leave a Comment »
According to a report from CoStar Group, the office market sector posted unexpectedly good results in the fourth quarter. Locally, this is not so unexpected as our industry saw a rise in activity following Labor Day. The explanation submitted for consideration: the office sector added jobs. In fact, according to federal government jobs data, the [...]
Who’s On The Move – Week Ending 1/22/10
Posted in build to suit, commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, portland, rental rate, square feet, start up, Trends, Vacancies, vancouver, tagged american bank, chicago title, commercial real estate, diebold, evisions, international air academy, laika, lease, office buildings, office space, pacific energy concepts, renewal, rental rate, safetec, square feet, standard insurance, sublease, toyota motor credit, ty lin international, vacancy on January 25, 2010 | Leave a Comment »
MediaDex (traditional|digital|research) Central Business District Laika – Con-Way Crossing | 2033 NW Savier St | 3,252 SF renewal Laika – Con-WayCrossing | 1621 NW 21st Ave | 20,605 SF renewal TechDex (apps|provider|hardware|var) Eastside Evisions – Columbia East Bldg | 10011 SE Division | 3,088 SF Vancouver Safetec – Greenwood Office Ctr | 7700 NE Parkway [...]
Bank Closures Bad in 2009, Worse in 2010
Posted in building sale, commercial real estate, Forecast, office space, rental rate, square feet, Trends, tagged apartment vacancy, bank closures, cmbs, commercial mortgages, commercial real estate, delinquency, fdic, office buildings, rental rate, square feet, vacancy on January 18, 2010 | 1 Comment »
Not to be a dark cloud about our ”recovery” (though those who know me expect nothing less) but there are some serious issues yet to be dealt with in the banking system. These “aftershocks” are going to be felt, the question is how bad will the damage be? In 2009, the FDIC sustained losses of over $36 billion due [...]
Who’s On The Move – Week Ending 1/15/10
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, square feet, start up, sublease, Trends, Vacancies, vancouver, tagged columbia bank, crosscurrent, dekum building, first choice, global commercial trading, janrain, lease, mditv, office space, omnicare, renewal, rental rate, small society, square feet, starbucks, sublease, sylvan orthodontics, the commerce company on January 18, 2010 | 2 Comments »
GeneralBixDex (consulting|finance|insurance|legal|other) Westside The Commerce Co – Highlands Bldg | 5440 SW Westgate Dr | 2.695 renewal Global Commercial Trading – Cascade Plaza | 10855 SW Cascade Ave | 4,415 SF Starbucks – Lincoln Center | 10260 SW Greenburg Rd | 6,446 SF renewal Central Business District Columbia Bank – Fox Tower | 805 SW [...]
Fourth Quarter Update for Portland Office Market
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, retail brokerage, square feet, Trends, Vacancies, tagged commercial real estate, downsize, Forecast, lease, office space, oregon, portland, rental rate, square feet, sublease, transactions, vacancy on January 14, 2010 | Leave a Comment »
Here’s a brief summary of our Year End Review/Fourth Quarter Report on the Portland Commercial Real Estate Market. None too shocking to anyone, 2009 finished out as one of the weakest years for activity on record, in particular for the retail sector. Five things to consider: The overall office vacancy rate is at 11.3%, considerably lower than [...]
Who’s On The Move – Week Ending 01/08/10
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, oregon, portland, rental rate, square feet, start up, Vacancies, vancouver, tagged a & b business tax, avanti travel, cogence group, doug williams & associates, ecobinary, fiserv, honeywell international, infogroup nw, lease, office buildings, office space, pinnacle capital, pulse engineering, quest diagnostics\, rental rate, richard james & associates, sigma investment, square feet, streamline logistics, sublease, vacancy, weyerhaeuser on January 11, 2010 | Leave a Comment »
GeneralBizDex (consulting|finance|insurance|legal|other) Westside Infogroup Northwest – One Centerpointe Drive | 3,948 SF Pinnacle Capital Mortgage – Durham Office Ctr | 16520 SW Upper Boones Ferry | 15,034 SF Ecobinary – Parkside Biz Ctr | 8260 SW Nimbus Ave | 2,525 SF Vancouver Richard James & Associates – 4317 NE Thurston Way | 7,682 SF Doug [...]
Texas Wins Even When They Lose
Posted in Forecast, Trends, tagged migration, net gain, net loss, relocation, texas on January 9, 2010 | Leave a Comment »
Five years running now Texas has seen the greatest number of individuals and families migrate to the Lonestar State. Based on inbound/outbound moves provided by Allied Van Lines, Texas realized the highest net relocation gain of almost 2,000 shipments in 2009 (just above 2008′s gain of 1,900 shipments). I don’t know if it’s the weather, strong [...]
Who’s On The Move – Two Weeks Ending 12/31/09
Posted in commercial real estate, downsizing, headquarters, lease, new office, office brokerage, office space, portland, rental rate, square feet, sublease, Vacancies, vancouver, tagged alpha tec, aspen capital, avatron, fairway commercial, interdent, intrinsic ventures, lease, marketshift strategies, office space, rental rate, square feet, sublease on January 4, 2010 | Leave a Comment »
After a little hiatus from blogging, I have two weeks worth of transactions compiled below. As you can see, two weeks over the holidays doesn’t amount to much this past year, but activity levels are increasing as a number of businesses begin searching for office space alternatives in January 2010. GeneralBizDex (consulting|finance|insurance|legal|other) Westside Fairway America [...]