One of Portland’s successful startups, Elemental Technologies, has found a new home in a downtown location. The software firm has leased 4,500 square feet (just a little over half a floor) on the 4th floor of the 620 Building (620 SW Fifth Avenue). The building is 12 stories tall with 103,000 square feet of space. [...]
Posts Tagged ‘oregon’
A New Home for Elemental Technologies
Posted in commercial real estate, headquarters, lease, new office, office brokerage, office space, oregon, portland, square feet, start up, tagged 620 building, commercial real estate, elemental technologies, lease, office space, oregon, portland, software, square feet, startups on May 13, 2009 | Leave a Comment »
Great Downtown Office Sublease
Posted in commercial real estate, downsizing, new office, office brokerage, office space, oregon, square feet, start up, sublease, Vacancies, tagged iterasi, lease, office space, oregon, pioneer park building, pioneer square, portland, square feet, sublease on May 11, 2009 | Leave a Comment »
It appears Iterasi is seeking a subtenant for their offices at the Pioneer Park Building in downtown Portland. The local software firm made the leap across the Columbia River last summer into 4,141 SF of office space overlooking Pioneer Square. Their space is now being marketed for sublease by a local real estate firm as [...]
Star Park Goes Green
Posted in commercial real estate, Green Building, headquarters, office brokerage, office space, Trends, tagged Alder, clean tech, commercial real estate, environment, green tech, hydrophix, office space, oregon, portland, psu, schlesinger, smart sponge, square feet, star park, sustainable practices, willamette river on March 5, 2009 | Leave a Comment »
A client of mine, Schlesinger Companies, has stepped up as a steward of the environment and committed to installing a new type of spongy filter, created for large-scale oil-spill remediation, that will be used to prevent harmful hydrocarbons from seeping into the Willamette River from high-pollution areas. Placed under the runoff catch basin at Star Park’s Southwest Fourth Avenue parking [...]
Vestas Fires Warning Shot
Posted in Uncategorized, tagged business journal, layoffs, office building, oregon, portland, square feet, vestas on February 11, 2009 | Leave a Comment »
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 [...]
Who’s On the Move – Week Ending 1/30/09
Posted in commercial real estate, office brokerage, office space, sublease, tagged a-cti, CIBER, comcast, commercial real estate, Eastridge Business Center, gigapix, lease, leupold stevens, new office, office ally, office buildings, office space, ontier, oregon, portland, rocketshop, square feet, tektronix on February 2, 2009 | Leave a Comment »
To kick off February 2009, I read an industry article (http://tinyurl.com/deq285) on the current conditions of commercial real estate investment and construction spending on a national scale. We took an astounding nose dive in the Fourth Quarter of 2008 , down by 19.1% compared to a decrease of just 1.7% one quarter prior. Clearly, the Fourth Quarter [...]