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The latest chapter in downtown Vancouver’s (Washington that is) Columbian Building (415 SW Sixth) saga has the property being offered to creditor Bank of America. The owners, Downtown Vitality Partners aka Scott Campbell,  provided the deed to the building and some nearby property. In exchange, Bank of America will vote to approve The Columbian newspaper’s Chapter 11 bankruptcy [...]

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Recent Building Sales: Westside Buyer: City County Insurance Services Seller:  Haines Building LLC Property: 11625 and 11675 SW 66th St., Tigard, Oregon Size: 13,563 SF Price: $2.25 million Buyer: Kashi Management Inc. Seller: Hancar LLC Property: 10101 S.W. Barbur Blvd., Portland, Oregon Size: 10,986 SF Price: $1.325 million. HealthDex (hospital/provider|managed care|equipment) Vancouver Addus Health Care [...]

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Commercial Real Estate Will Survive This Economy Despite what the average joe may think, a survey conducted by Greenwich Associates, a Stamford, Conn.-based consultant and research firm confirms what many advisors already know — real estate will continue to be an integral part of diversified portfolios.  Hard to believe I know, but remember this is not [...]

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It would appear my previous concerns over Vestas actually building a 500,000 SF office tower in Portland are, alas, valid. They announced today the possibility of layoffs in the coming months despite a 51% increase in revenues. This sounds like a shot out over the bow to me.  For the full story from the Portland Business [...]

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Green News is Good News Portland’s commercial real estate market is positioned to “roll through the downturn” according to market analysts. We should see more activity in 2009 for commercial real estate because our market is performing better than the national average and real estate is cheaper in comparison to other markets in the western half [...]

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A few more unwanted donations in the form of space put back on the market. Well it is the season of giving after all.  MediaDex (traditional|digital|research) Central Business District   Compass Rose Media – Albers Mill | 1200 Naito Pkwy | 2,621 SF sublease TechDex (apps|hardware|provider|var) Westside   InFocus – 27500 SW Parkway (Wilsonville) | 140,000 [...]

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