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)
Fairway America LLC - Pacific Corp Ctr | 6650 SW Redwood Ln | 4,037 SF renewal
Aspen Capital Mgmt/Josselson Potter Law – 9400 SW Beaverton Hillsdale | 4,696 SF
HealthDex (hospital provider|managed care|equipment)
Interdent Service Corp – Cornell Ctr | 16115 NW Cornell Rd | 3,000 SF renewal
Intrinsic Ventures – Ford Building | 2505 SE 11th Ave | 1,628 SF
TechDex (apps|provider|hardware|var)
Alpha-Tec Systems – EastRidge Biz Park | 12019 NE 99th St | 17,498 SF renewal
Avatron Software – US Bancorp Tower | 111 SW Fifth | 3,445 SF sublease
MediaDex (traditional|digital|research)
MarketShift Strategies – 239 NW 13th St | 1,766 SF
In other commercial real estate related updates: Two companies with offices in Oregon announced layoffs and/or closures of their operations. Means Nursery, located in Scappoose, is laying off roughly 100 employees effective mid February 2010 while Blackwell North America (aka Baker & Taylor Inc) will be closing their Lake Oswego office on Jean Rd. and saying goodbye to 50 employees. Another interesting decision of note comes from Stericycle Inc. who is laying off 29 employees in Boynton Beach, FL. This is the parent company of Pearl District-based Academic Network.
