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 [...]
Posts Tagged ‘concessions’
Who’s On the Move – Week Ending February 6, 2009
Posted in build to suit, building sale, commercial real estate, downsizing, Forecast, Green Building, headquarters, office brokerage, office space, start up, sublease, Trends, Vacancies, 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 »
Who’s On the Move – Week Ending 1/9/09
Posted in commercial real estate, office brokerage, start up, tagged abatements, close in NW, concessions, empire group, fibre sensys, hillsboro, kennedy/jenks, lease, loanrefine.com, mission control, office space, offices, pearl district, portland, rent decrease, square feet, time data corp, vancouver on January 14, 2009 | Leave a Comment »
Welcome to the new year! Our Year End report will be out shortly and will provide a good summation of where the Portland market finished in 2008 and where it is likely to go in 2009. One question I am frequently asked that I would like to address is a question regarding rents dropping as we move [...]