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Portland Chart of the Week – Fighting For Manufacturing

Posted in commercial real estate, Forecast, lease, oregon, portland, renewal, square feet, Trends, vancouver, tagged chart of the week, commercial real estate, GDP, lease, portland, rental rates, square feet, squarefeetpdx, vancouver on March 22, 2013 | Leave a Comment »

Oregon ranks #1 among the states when it comes to the portion of the GDP which can be attributed to manufacturing. Oregon’s manufacturing, specifically durable goods, continues to be a strong contributor to our economy. Durable good manufacturing is very cyclical and jobs are directly tied to overall output. This will bode well for Oregon’s employment as production continues to accelerate. A trend of expanding and bringing manufacturing back into the states, “reshoring”, has recently been seen in Portland by the likes of Oracle and Shimadzu.

OR GDP is 29% manufacturing

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Portland Chart of the Week – Women Entrepreneurs and Forbes 100 Most Promising

Posted in commercial real estate, oregon, portland, square feet, start up, vancouver, tagged act on software, chart of the week, commercial real estate, elemental technologies, jama software, jones lang lasalle, portland, squarefeetpdx, startup on March 15, 2013 | Leave a Comment »

Jones Lang LaSalle Portland creates a Chart of the Week (fondly coined the COW) which shows various trends and change in our area vs. the rest of the U.S. When it comes to technology, food, and transportation we often rank near the top. This week, in addition to some noteworthy technology firms gaining traction on the national scene, Portland also ranked high for women entrepreneurs.

Forbes Most Promising Tech Firms and Women Entrepreneurs

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Oregon #2 for Inbound Residential Migration

Posted in commercial real estate, Forecast, headquarters, lease, new office, office space, oregon, portland, square feet, start up, tagged commercial real estate, residential migration, square feet on February 22, 2013 | 1 Comment »

Oregon ranked #2 for inbound residential migration, just behind Washington D.C. One might consider D.C. a bit of a salad spinner given the primary employment is government and that rotates frequently. New Portland residents are moving from:

1. California

2. Texas

3. Arizona

4. Illinois

5. New York

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A Look Inside The Dachis Group Space

Posted in build to suit, commercial real estate, Green Building, lease, LEED, new office, office brokerage, office space, oregon, portland, square feet, tagged commonwealth building, dachis group, kristin hammond, lease, office space on June 9, 2012 | Leave a Comment »

Dachis Group (formerly XPLANE and StepChange) made a move into downtown Portland from the Pearl District in early Spring (March/April), effectively doubling their office space. Merging two companies under one roof was no easy task, so it was key that everyone felt the new office space supported the culture of the firm in Portland.

After an extensive search, a location was identified in the Commonwealth Building on SW Sixth Avenue. It is on the ground floor and has its own entrance and a mezzanine level. Previously occupied by an architecture firm, the space features exposed concrete ceilings, huge windows and an old safe. The look ties nicely to the creative vibe Dachis desires. The location places them in close proximity to mass transit, food carts, and all the energy of the downtown core.

A major build out included 7-8 small conference/collaborative workrooms and 2 large conference/presentation rooms. An extensive kitchen with adjoining lounge to accommodate ping pong and shuffleboard was added to create a relaxing and fun hang out area for everyone. The mezzanine level is a winding curve shape affixed atop several large concrete pillars and provides some interesting opportunities for peeking down onto common areas. A fading frosted glass technique was used on the windows to prevent pedestrian traffic from seeing in while still allowing natural light into the space. Building amenities include a fitness center, showers, lockers and secured bike storage for those who commute on two wheels.

All in all, one very cool space for thinking creatively.

Client: Dachis Group

Building: Commonwealth Building

Address: 421 SW Sixth Avenue, Portland, OR

Size: 18,097 RSF