It was a fairly strong finish to the year in commercial real estate transactions in Portland/Vancouver. While the markets are no where near the peak of 2007, they are definitely in recovery mode with downtown Portland and Columbia Tech Center in Vancouver both shining spots. Technology, healthcare, sustainable and creative firms have led the way with some notable expansions including PeaceHealth, HP, Lionbridge, OCHIN, Inside Trax, Springbrook Software, Dachis Group, Ebay, SoloPower and EnergyTrust signing big leases in 2011. 2012 should build on this strong momentum through the first half of the year!
TechDex (apps|provider|hardware|var)
Ochin – 1881 Building | 1881 SW Naito Pkwy | 38,316 RSF
RimTech – Oswego Town Square | 9 Monroe Parkway | 3,567
Electromagnetic Investigations – Tanasbourne Biz Pk | 20811 NW Cornell Rd | 3,889 RSF
GeneralBizDex (consulting|finance|insurance|legal|other)
JE Moody & Co – Pioneer Park Bldg | 625 SW Broadway | 4,342 RSF
American Pacific Mortgage – Three Town Ctr | 10121 SE Sunnyside | 2,763 RSF
52 Limited – Cully Building | 330 SE MLK Jr Blvd | 4,400 RSF
RMLS – Portland Int’l Plaza | 8338 NE Alderwood | 9,160 RSF
Ranstad Staffing – Park 217 Corp Ctr | 12110 SW Garden Place | 3,200 RSF
DesignDex (A/E|apparel|graphic d)
Morrison Hershfield – RiverSide Centre | 5100 SW Macadam Ave | 3,861 RSF
Symbiotics LLC - Paulson Bldg | 811 SW Naito Pkwy | 3,629 RSF