Posted in Forecast, Green Building, Trends, Vacancies, build to suit, building sale, commercial real estate, downsizing, headquarters, office brokerage, office space, start up, sublease, tagged 5000 meadows, absorption, beaverton, concessions, courtside building, e-mark solutions, kruse way, Lake Oswego, nationwide security, nimbus corporate center, office building, office space, pace engineers, portland, shorenstein properties, square feet, vacancy, vancouver, WA on February 9, 2009 | Leave a Comment »
OutLook For 2009
Although the vacancy level is only up slightly at 9%, we believe the market is much softer.
Free rent, moving allowances, discounted rent and additional tenant improvement allowances will be the norm in 2009.
Concessions will vary by market. The Sunset Corridor, for instance, is seeing upwards of 12 months of free rent whereas the [...]
Posted in commercial real estate, office brokerage, tagged beaverton, leased, madsense, morgan building, office buildings, office space, paulson, portland, real estate, relocated, spaulding building, square feet, square foot, staccato, unitus plaza, wells fargo center on December 15, 2008 | Leave a Comment »
It was another slow week of lease transactions in Portland. The majority of the companies announcing moves fell under the financial services and insurance categories interestingly enough. The largest deals were Paulson Capital, who renewed 17,136 SF at the Paulson Building (811 NW Naito); Premier Source LLC, who leased 13,321 SF at the Spaulding Building [...]
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